Korea Electric Power (NYSE:KEP) Hits New 1-Year High - What's Next?

Korea Electric Power Corporation (NYSE:KEP - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $12.64 and last traded at $12.50, with a volume of 171601 shares. The stock had previously closed at $10.38.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 19th.

Korea Electric Power Stock Down 3.1%

The company has a 50-day simple moving average of $10.32 and a 200-day simple moving average of $8.42. The firm has a market cap of $18.21 billion, a PE ratio of 4.85 and a beta of 0.85. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.47 and a quick ratio of 0.32.

Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly earnings results on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm had revenue of $16.67 billion during the quarter, compared to analyst estimates of $17.04 billion.

Institutional Trading of Korea Electric Power

Institutional investors and hedge funds have recently made changes to their positions in the business. Atlas Capital Advisors Inc. increased its stake in Korea Electric Power by 443.7% in the 4th quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock worth $43,000 after buying an additional 5,151 shares during the period. Virtu Financial LLC bought a new position in Korea Electric Power in the 1st quarter worth about $83,000. XTX Topco Ltd purchased a new position in shares of Korea Electric Power during the fourth quarter worth approximately $78,000. Vise Technologies Inc. bought a new stake in shares of Korea Electric Power during the fourth quarter valued at approximately $89,000. Finally, Stifel Financial Corp boosted its holdings 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 valued at $101,000 after purchasing an additional 2,350 shares during the period.

Korea Electric Power Company Profile

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.