Free Trial

Korea Electric Power (NYSE:KEP) Shares Gap Down - What's Next?

Korea Electric Power logo with Utilities background

Korea Electric Power Co. (NYSE:KEP - Get Free Report)'s share 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 traded.

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 report on Monday, May 19th.

Read Our Latest Research Report on Korea Electric Power

Korea Electric Power Price Performance

The business has a 50-day moving average of $9.03 and a 200 day moving average of $8.05. 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 $14.24 billion, a P/E ratio of 5.13 and a beta of 0.76.

Korea Electric Power (NYSE:KEP - Get Free Report) last released its quarterly earnings data 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 Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Atlas Capital Advisors Inc. raised its holdings in shares of 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 acquiring an additional 5,151 shares during the last quarter. Wealthstream Advisors Inc. bought a new stake in Korea Electric Power during the 4th quarter worth approximately $71,000. XTX Topco Ltd purchased a new stake in shares of Korea Electric Power in the fourth quarter worth approximately $78,000. Virtu Financial LLC bought a new position in shares of Korea Electric Power in the first quarter valued at approximately $83,000. Finally, Vise Technologies Inc. bought a new position in shares of Korea Electric Power in the fourth quarter valued at approximately $89,000.

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.

Recommended Stories

Should You Invest $1,000 in Korea Electric Power Right Now?

Before you consider Korea Electric Power, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Korea Electric Power wasn't on the list.

While Korea Electric Power currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?
These 3 Penny Stocks Could Surprise Everyone This Summer!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines