Kenon Holdings Ltd. (NYSE:KEN - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $26.03, but opened at $26.60. Kenon shares last traded at $26.60, with a volume of 651 shares.
Kenon Stock Performance
The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $1.43 billion, a PE ratio of -6.44 and a beta of 1.46. The business's fifty day moving average is $25.43 and its two-hundred day moving average is $24.62.
Kenon (NYSE:KEN - Get Free Report) last released its quarterly earnings results on Monday, September 9th. The utilities provider reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $181.00 million during the quarter. Kenon had a negative return on equity of 9.48% and a negative net margin of 10.61%.
Institutional Trading of Kenon
Several hedge funds have recently bought and sold shares of KEN. Y.D. More Investments Ltd purchased a new position in shares of Kenon during the 2nd quarter valued at about $4,371,000. Assenagon Asset Management S.A. bought a new position in shares of Kenon in the second quarter worth approximately $2,317,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Kenon by 150.0% in the first quarter. BNP Paribas Financial Markets now owns 3,000 shares of the utilities provider's stock worth $80,000 after purchasing an additional 1,800 shares in the last quarter. Institutional investors own 13.38% of the company's stock.
Kenon Company Profile
(
Get Free Report)
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.
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