Korea Electric Power (NYSE:KEP) Reaches New 52-Week High - Here's What Happened

Korea Electric Power Co. (NYSE:KEP - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $9.44 and last traded at $9.44, with a volume of 25348 shares changing hands. The stock had previously closed at $9.26.

Analysts Set New Price Targets

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

Korea Electric Power Stock Performance

The stock has a market cap of $12.11 billion, a price-to-earnings ratio of 4.37 and a beta of 0.76. The company's 50-day simple moving average is $8.07 and its 200-day simple moving average is $7.78. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10.

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

Institutional Investors Weigh In On Korea Electric Power

Large investors have recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in shares of Korea Electric Power in the 4th quarter worth approximately $525,000. American Century Companies Inc. grew its holdings in shares of Korea Electric Power by 6.4% in the 4th quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock worth $2,863,000 after purchasing an additional 25,018 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Korea Electric Power during the third quarter worth approximately $140,000. Raymond James Financial Inc. bought a new position in Korea Electric Power in the 4th quarter valued at $530,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in Korea Electric Power by 14.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 19,308 shares of the utilities provider's stock worth $133,000 after acquiring an additional 2,392 shares during the last quarter.

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.