Korea Electric Power Co. (NYSE:KEP - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.44 and last traded at $11.40, with a volume of 598723 shares traded. The stock had previously closed at $10.78.
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.
Read Our Latest Stock Report on KEP
Korea Electric Power Price Performance
The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30. The stock has a 50 day moving average price of $9.64 and a 200-day moving average price of $8.19. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 4.73 and a beta of 0.85.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly 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 firm 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%.
Hedge Funds Weigh In On Korea Electric Power
A number of institutional investors and hedge funds have recently added to or reduced their stakes in KEP. Sanctuary Advisors LLC acquired a new position in Korea Electric Power during the fourth quarter worth $525,000. Wealthstream Advisors Inc. acquired a new position in Korea Electric Power during the fourth quarter worth $71,000. Schechter Investment Advisors LLC boosted its stake in Korea Electric Power by 136.5% during the fourth quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider's stock worth $176,000 after buying an additional 14,758 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Korea Electric Power during the fourth quarter worth $530,000. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new position in Korea Electric Power during the fourth quarter worth $332,000.
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.
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