Korea Electric Power (NYSE:KEP) Trading 4.1% Higher - What's Next?

Korea Electric Power Co. (NYSE:KEP - Get Free Report)'s stock price shot up 4.1% during trading on Monday . The company traded as high as $8.93 and last traded at $8.94. 35,278 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 144,449 shares. The stock had previously closed at $8.58.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Korea Electric Power from a "hold" rating to a "buy" rating in a research report on Friday, April 11th.

Korea Electric Power Stock Performance

The firm's 50 day moving average price is $7.78 and its 200-day moving average price is $7.66. The firm has a market cap of $11.47 billion, a price-to-earnings ratio of 4.14 and a beta of 0.94. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30.

Korea Electric Power (NYSE:KEP - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%. The business had revenue of $16.82 billion for the quarter, compared to the consensus estimate of $17.04 billion.

Institutional Investors Weigh In On Korea Electric Power

A number of institutional investors have recently bought and sold shares of KEP. Stifel Financial Corp acquired a new stake in Korea Electric Power during the third quarter worth $96,000. State Street Corp boosted its stake in shares of Korea Electric Power by 0.9% in the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock valued at $5,796,000 after purchasing an additional 6,975 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Korea Electric Power in the 3rd quarter valued at $140,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Korea Electric Power in the 3rd quarter valued at $35,000. Finally, Blue Trust Inc. boosted its stake in shares of Korea Electric Power by 98.8% in the 4th quarter. Blue Trust Inc. now owns 99,399 shares of the utilities provider's stock valued at $684,000 after purchasing an additional 49,393 shares in the last quarter.

About Korea Electric Power

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.