Korea Electric Power (NYSE:KEP - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Wednesday.
Korea Electric Power Stock Performance
NYSE KEP traded down $0.15 during trading hours on Wednesday, hitting $7.47. The company had a trading volume of 103,438 shares, compared to its average volume of 141,562. The business has a 50 day moving average of $7.47 and a 200-day moving average of $7.65. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43. Korea Electric Power has a 1-year low of $6.68 and a 1-year high of $9.43. The company has a market cap of $9.58 billion, a PE ratio of 3.46 and a beta of 0.99.
Korea Electric Power (NYSE:KEP - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $16.82 billion during the quarter, compared to the consensus estimate of $17.04 billion.
Hedge Funds Weigh In On Korea Electric Power
Several large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB bought a new position in Korea Electric Power during the 3rd quarter valued at $35,000. Atlas Capital Advisors Inc. raised 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 buying an additional 5,151 shares during the period. Wealthstream Advisors Inc. acquired a new stake in Korea Electric Power during the 4th quarter valued at $71,000. XTX Topco Ltd purchased a new position in Korea Electric Power during the fourth quarter valued at approximately $78,000. Finally, Vise Technologies Inc. acquired a new stake in shares of Korea Electric Power during the 4th quarter valued at about $89,000.
Korea Electric Power Company Profile
(
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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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