Korea Electric Power Corporation (NYSE:KEP - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 738,612 shares traded hands 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 upgraded shares of Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research report on Monday, May 19th.
Get Our Latest Research Report on Korea Electric Power
Korea Electric Power Price Performance
The company has a market capitalization of $16.76 billion, a PE ratio of 4.47 and a beta of 0.93. The company's 50-day simple moving average is $11.74 and its 200-day simple moving average is $9.12. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.32 and a current ratio of 0.47.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.35. The business had revenue of $16.67 billion during the quarter, compared to analyst estimates of $17.04 billion. Korea Electric Power had a net margin of 5.53% and a return on equity of 13.16%.
Hedge Funds Weigh In On Korea Electric Power
Institutional investors have recently modified their holdings of the company. 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 purchasing an additional 5,151 shares during the last quarter. XTX Topco Ltd acquired a new position in Korea Electric Power during the 4th quarter worth approximately $78,000. Virtu Financial LLC acquired a new stake in shares of Korea Electric Power in the 1st quarter valued at approximately $83,000. Vise Technologies Inc. acquired a new stake in shares of Korea Electric Power in the 4th quarter valued at approximately $89,000. Finally, Stifel Financial Corp raised its stake in Korea Electric Power by 19.0% in the 4th quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock valued at $101,000 after acquiring an additional 2,350 shares during the period.
About Korea Electric Power
(
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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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