Korea Electric Power (NYSE:KEP) Shares Gap Up - Should You Buy?

Korea Electric Power Co. (NYSE:KEP - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $7.63, but opened at $7.80. Korea Electric Power shares last traded at $7.81, with a volume of 20,791 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Korea Electric Power from a "hold" rating to a "buy" rating in a research note on Thursday, September 5th.

Korea Electric Power Trading Up 3.4 %

The stock has a market cap of $10.13 billion, a PE ratio of 23.21 and a beta of 1.01. The company's 50-day moving average price is $7.85 and its 200 day moving average price is $7.53. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.24 and a current ratio of 0.37.

Korea Electric Power (NYSE:KEP - Get Free Report) last posted its earnings results on Monday, September 9th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter. Korea Electric Power had a return on equity of 6.93% and a net margin of 2.95%. The company had revenue of $14.93 billion during the quarter.

Institutional Trading of Korea Electric Power

Hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC boosted its stake in Korea Electric Power by 13.5% during the second quarter. CWM LLC now owns 11,824 shares of the utilities provider's stock worth $84,000 after buying an additional 1,404 shares during the period. Atomi Financial Group Inc. lifted its holdings in shares of Korea Electric Power by 14.3% in the 3rd quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider's stock worth $106,000 after acquiring an additional 1,704 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Korea Electric Power by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 23,310 shares of the utilities provider's stock worth $165,000 after purchasing an additional 1,982 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in Korea Electric Power by 17.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 15,732 shares of the utilities provider's stock valued at $131,000 after purchasing an additional 2,370 shares during the last quarter. Finally, PDS Planning Inc raised its position in Korea Electric Power by 11.5% in the first quarter. PDS Planning Inc now owns 23,462 shares of the utilities provider's stock valued at $195,000 after purchasing an additional 2,425 shares during the period.

Korea Electric Power Company Profile

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.