Korea Electric Power (NYSE:KEP - Get Free Report) was upgraded by investment analysts at StockNews.com from a "hold" rating to a "buy" rating in a note issued to investors on Friday.
Korea Electric Power Price Performance
Shares of Korea Electric Power stock traded up $0.21 during trading hours on Friday, reaching $8.48. The company's stock had a trading volume of 117,990 shares, compared to its average volume of 143,945. The firm has a 50 day moving average price of $7.56 and a 200-day moving average price of $7.61. 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 has a one year low of $6.68 and a one year high of $9.43. The stock has a market cap of $10.89 billion, a P/E ratio of 3.93 and a beta of 0.94.
Korea Electric Power (NYSE:KEP - Get Free Report) last released its quarterly earnings results on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $16.82 billion during the quarter, compared to analysts' expectations of $17.04 billion.
Hedge Funds Weigh In On Korea Electric Power
Institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new stake in Korea Electric Power during the 3rd quarter valued at $35,000. Atlas Capital Advisors Inc. grew its holdings in Korea Electric Power by 443.7% during the 4th quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock worth $43,000 after acquiring an additional 5,151 shares in the last quarter. Wealthstream Advisors Inc. purchased a new position in Korea Electric Power during the 4th quarter valued at about $71,000. XTX Topco Ltd bought a new stake in shares of Korea Electric Power in the 4th quarter valued at about $78,000. Finally, Vise Technologies Inc. purchased a new stake in shares of Korea Electric Power in the 4th quarter worth approximately $89,000.
Korea Electric Power Company Profile
(
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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