Korea Electric Power Co. (NYSE:KEP - Get Free Report) shares reached a new 52-week low on Thursday . The company traded as low as $6.69 and last traded at $6.69, with a volume of 283255 shares. The stock had previously closed at $6.88.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Korea Electric Power from a "hold" rating to a "buy" rating in a research note on Thursday, December 5th.
Get Our Latest Stock Analysis on KEP
Korea Electric Power Stock Down 2.9 %
The company has a current ratio of 0.43, a quick ratio of 0.24 and a debt-to-equity ratio of 2.10. The business's fifty day moving average price is $7.87 and its two-hundred day moving average price is $7.66. The firm has a market cap of $8.58 billion, a P/E ratio of 3.09 and a beta of 1.00.
Hedge Funds Weigh In On Korea Electric Power
Several institutional investors have recently bought and sold shares of KEP. State Street Corp increased its holdings in shares of Korea Electric Power by 0.9% during the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock valued at $5,796,000 after acquiring an additional 6,975 shares during the last quarter. Stifel Financial Corp acquired a new position in Korea Electric Power during the third quarter valued at approximately $96,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Korea Electric Power by 46.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider's stock valued at $9,259,000 after purchasing an additional 380,145 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Korea Electric Power in the third quarter valued at approximately $855,000. Finally, Blue Trust Inc. lifted its stake in shares of Korea Electric Power by 196.6% in the third quarter. Blue Trust Inc. now owns 50,006 shares of the utilities provider's stock worth $355,000 after buying an additional 33,144 shares during the last quarter.
About Korea Electric Power
(
Get Free Report)
Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.
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