Korea Electric Power Corporation (NYSE:KEP - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 738,612 shares were traded during mid-day trading, an increase of 191% from the previous session's volume of 253,436 shares.The stock last traded at $13.92 and had previously closed at $13.29.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 19th.
Check Out Our Latest Stock Analysis on KEP
Korea Electric Power Stock Performance
The company has a market capitalization of $17.70 billion, a PE ratio of 4.73 and a beta of 0.93. The company has a quick ratio of 0.32, a current ratio of 0.47 and a debt-to-equity ratio of 2.09. The company has a 50-day moving average price of $11.51 and a two-hundred day moving average price of $8.99.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its earnings results on Tuesday, June 17th. The utilities provider reported $1.25 EPS for the quarter, topping the consensus estimate of $0.90 by $0.35. Korea Electric Power had a return on equity of 13.16% and a net margin of 5.53%. The business had revenue of $16.67 billion during the quarter, compared to analysts' expectations of $17.04 billion.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Atlas Capital Advisors Inc. boosted its stake 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 valued at $43,000 after purchasing an additional 5,151 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Korea Electric Power in the first quarter valued at about $83,000. XTX Topco Ltd purchased a new position in shares of Korea Electric Power in the fourth quarter valued at about $78,000. Vise Technologies Inc. purchased a new stake in shares of Korea Electric Power in the fourth quarter worth about $89,000. Finally, Stifel Financial Corp lifted its position in shares of Korea Electric Power by 19.0% in the fourth quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock worth $101,000 after buying an additional 2,350 shares in the last quarter.
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.
Further Reading
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