Korea Electric Power Co. (NYSE:KEP - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $10.83, but opened at $11.12. Korea Electric Power shares last traded at $11.33, with a volume of 195,795 shares.
Wall Street Analysts Forecast Growth
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.
Get Our Latest Stock Analysis on Korea Electric Power
Korea Electric Power Price Performance
The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. The company's 50-day moving average is $8.82 and its 200-day moving average is $7.98. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 5.19 and a beta of 0.76.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The firm had revenue of $16.82 billion for the quarter, compared to analysts' expectations of $17.04 billion. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%.
Hedge Funds Weigh In On Korea Electric Power
A number of large investors have recently modified their holdings of KEP. Atlas Capital Advisors Inc. lifted its position in shares of Korea Electric Power by 443.7% during the fourth quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock worth $43,000 after purchasing an additional 5,151 shares in the last quarter. Wealthstream Advisors Inc. acquired a new position in shares of Korea Electric Power during the fourth quarter valued at $71,000. XTX Topco Ltd acquired a new position in shares of Korea Electric Power during the fourth quarter valued at $78,000. Virtu Financial LLC acquired a new position in shares of Korea Electric Power during the first quarter valued at $83,000. Finally, Vise Technologies Inc. acquired a new position in shares of Korea Electric Power during the fourth quarter valued at $89,000.
About Korea Electric Power
(
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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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