Korea Electric Power Corporation (NYSE:KEP - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $13.87, but opened at $13.28. Korea Electric Power shares last traded at $13.27, with a volume of 220,596 shares traded.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research report on Monday, May 19th.
Check Out Our Latest Stock Analysis on KEP
Korea Electric Power Stock Performance
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 stock has a fifty day moving average price of $11.74 and a 200-day moving average price of $9.15. The firm has a market capitalization of $17.33 billion, a price-to-earnings ratio of 4.63 and a beta of 0.93.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its 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 business had revenue of $16.67 billion during the quarter, compared to analysts' expectations of $17.04 billion.
Institutional Investors Weigh In On Korea Electric Power
Several hedge funds and other institutional investors have recently made changes to their positions in KEP. Raymond James Financial Inc. acquired a new stake in shares of Korea Electric Power in the 4th quarter valued at $530,000. American Century Companies Inc. lifted its holdings in Korea Electric Power by 6.4% during the fourth quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock worth $2,863,000 after acquiring an additional 25,018 shares in the last quarter. EntryPoint Capital LLC bought a new position in Korea Electric Power during the fourth quarter worth about $126,000. Orion Portfolio Solutions LLC lifted its holdings in Korea Electric Power by 26.0% during the fourth quarter. Orion Portfolio Solutions LLC now owns 21,895 shares of the utilities provider's stock worth $151,000 after acquiring an additional 4,524 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Korea Electric Power by 90.6% during 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 in the last quarter.
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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