Korea Electric Power Co. (NYSE:KEP - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $11.19, but opened at $10.96. Korea Electric Power shares last traded at $10.81, with a volume of 109,404 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Korea Electric Power from a "buy" rating to a "strong-buy" rating in a report on Monday, May 19th.
Read Our Latest Report on KEP
Korea Electric Power Trading Up 1.3%
The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $14.18 billion, a P/E ratio of 5.11 and a beta of 0.76. The firm has a 50-day moving average of $9.03 and a two-hundred day moving average of $8.05.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%. The firm had revenue of $16.82 billion during the quarter, compared to the consensus estimate of $17.04 billion.
Institutional Trading of Korea Electric Power
Several hedge funds have recently made changes to their positions in KEP. AQR Capital Management LLC lifted its holdings in Korea Electric Power by 18.5% during the 1st quarter. AQR Capital Management LLC now owns 29,211 shares of the utilities provider's stock worth $216,000 after purchasing an additional 4,556 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Korea Electric Power by 37.7% during the first quarter. Cubist Systematic Strategies LLC now owns 54,194 shares of the utilities provider's stock valued at $402,000 after acquiring an additional 14,846 shares in the last quarter. Vident Advisory LLC raised its holdings in shares of Korea Electric Power by 3.8% during the first quarter. Vident Advisory LLC now owns 154,574 shares of the utilities provider's stock valued at $1,145,000 after acquiring an additional 5,726 shares in the last quarter. Walleye Capital LLC purchased a new stake in Korea Electric Power in the first quarter worth $568,000. Finally, Compound Planning Inc. grew its stake in Korea Electric Power by 14.7% in the first quarter. Compound Planning Inc. now owns 16,105 shares of the utilities provider's stock worth $119,000 after purchasing an additional 2,065 shares during the period.
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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