Korea Electric Power Corporation (NYSE:KEP - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $14.79, but opened at $14.01. Korea Electric Power shares last traded at $14.12, with a volume of 569,103 shares.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded Korea Electric Power from a "buy" rating to a "strong-buy" rating in a report on Monday, May 19th.
Read Our Latest Stock Analysis on KEP
Korea Electric Power Price Performance
The stock has a fifty day moving average price of $12.81 and a 200-day moving average price of $9.91. The company has a market cap of $17.99 billion, a PE ratio of 4.80 and a beta of 0.95. 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 released its earnings results on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.35. The company had revenue of $16.67 billion during the quarter, compared to analyst estimates of $17.04 billion. Korea Electric Power had a return on equity of 13.16% and a net margin of 5.53%.
Hedge Funds Weigh In On Korea Electric Power
A number of large investors have recently made changes to their positions in the business. Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Korea Electric Power by 39.0% in the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 23,465 shares of the utilities provider's stock valued at $334,000 after purchasing an additional 6,579 shares during the period. Creative Planning acquired a new position in shares of Korea Electric Power in the 2nd quarter valued at about $179,000. PNC Financial Services Group Inc. increased its holdings in shares of Korea Electric Power by 23.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 60,668 shares of the utilities provider's stock valued at $864,000 after purchasing an additional 11,527 shares during the period. Vise Technologies Inc. acquired a new position in shares of Korea Electric Power in the 2nd quarter valued at about $283,000. Finally, Simon Quick Advisors LLC acquired a new position in shares of Korea Electric Power in the 2nd quarter valued at about $147,000.
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.
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