Korea Electric Power Corporation (NYSE:KEP - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 706,592 shares changed hands during mid-day trading, an increase of 78% from the previous session's volume of 396,572 shares.The stock last traded at $13.27 and had previously closed at $13.44.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen cut Korea Electric Power from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 16th.
Read Our Latest Stock Report on Korea Electric Power
Korea Electric Power Price Performance
The company has a debt-to-equity ratio of 2.05, a current ratio of 0.46 and a quick ratio of 0.31. The stock has a market capitalization of $16.99 billion, a P/E ratio of 3.77 and a beta of 0.94. The business's 50 day moving average price is $13.69 and its 200 day moving average price is $11.22.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly earnings results on Monday, September 15th. The utilities provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.03. The business had revenue of $15.70 billion during the quarter, compared to analyst estimates of $19.45 billion. Korea Electric Power had a return on equity of 15.34% and a net margin of 6.58%.
Institutional Trading of Korea Electric Power
Several large investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership boosted its stake in shares of Korea Electric Power by 22.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,201,548 shares of the utilities provider's stock worth $17,110,000 after buying an additional 216,828 shares during the last quarter. American Century Companies Inc. raised its holdings in Korea Electric Power by 19.8% in the 2nd quarter. American Century Companies Inc. now owns 530,743 shares of the utilities provider's stock worth $7,558,000 after purchasing an additional 87,682 shares during the period. Bank of America Corp DE raised its holdings in Korea Electric Power by 133.7% in the 2nd quarter. Bank of America Corp DE now owns 371,494 shares of the utilities provider's stock worth $5,290,000 after purchasing an additional 212,515 shares during the period. Ramirez Asset Management Inc. raised its holdings in Korea Electric Power by 4.2% in the 1st quarter. Ramirez Asset Management Inc. now owns 279,980 shares of the utilities provider's stock worth $2,075,000 after purchasing an additional 11,215 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in Korea Electric Power by 90.3% in the 2nd quarter. Quantinno Capital Management LP now owns 259,649 shares of the utilities provider's stock worth $3,697,000 after purchasing an additional 123,220 shares during the period.
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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