Korea Electric Power Corporation (NYSE:KEP - Get Free Report) saw strong trading volume on Thursday . 384,619 shares were traded during trading, an increase of 75% from the previous session's volume of 219,707 shares.The stock last traded at $14.57 and had previously closed at $13.70.
Wall Street Analysts Forecast Growth
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.
Get Our Latest Stock Report on KEP
Korea Electric Power Stock Performance
The firm has a fifty day moving average price of $10.20 and a 200 day moving average price of $8.36. The company has a current ratio of 0.47, a quick ratio of 0.32 and a debt-to-equity ratio of 2.09. The firm has a market cap of $18.83 billion, a PE ratio of 5.02 and a beta of 0.85.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its earnings results on Tuesday, June 17th. The utilities provider reported $1.25 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.35. The company had revenue of $16.67 billion for the quarter, compared to the consensus estimate of $17.04 billion. Korea Electric Power had a net margin of 5.53% and a return on equity of 13.16%.
Institutional Trading of Korea Electric Power
Institutional investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its position in Korea Electric Power by 90.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 723,844 shares of the utilities provider's stock worth $4,980,000 after acquiring an additional 344,126 shares during the period. Northern Trust Corp lifted its stake in shares of Korea Electric Power by 642.2% in the 4th quarter. Northern Trust Corp now owns 383,704 shares of the utilities provider's stock valued at $2,640,000 after purchasing an additional 332,009 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Korea Electric Power by 93.7% during the 4th quarter. Marshall Wace LLP now owns 171,334 shares of the utilities provider's stock worth $1,179,000 after purchasing an additional 82,902 shares during the period. Millennium Management LLC grew its holdings in shares of Korea Electric Power by 65.3% during the 4th quarter. Millennium Management LLC now owns 209,626 shares of the utilities provider's stock worth $1,442,000 after purchasing an additional 82,775 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Korea Electric Power during the 4th quarter worth about $530,000.
About Korea Electric Power
(
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.
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