Korea Electric Power (NYSE:KEP) Shares Gap Up - Should You Buy?

Korea Electric Power Corporation (NYSE:KEP - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $12.61, but opened at $13.83. Korea Electric Power shares last traded at $13.75, with a volume of 363,095 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 19th.

Korea Electric Power Trading Down 3.1%

The company has a debt-to-equity ratio of 2.09, a current ratio of 0.47 and a quick ratio of 0.32. The stock has a market capitalization of $18.20 billion, a price-to-earnings ratio of 4.85 and a beta of 0.85. The business has a 50 day simple moving average of $10.43 and a 200-day simple moving average of $8.46.

Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.35. The company had revenue of $16.67 billion during the quarter, compared to analysts' expectations of $17.04 billion. Korea Electric Power had a return on equity of 13.16% and a net margin of 5.53%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Atlas Capital Advisors Inc. lifted its position in shares of Korea Electric Power by 443.7% in the fourth quarter. Atlas Capital Advisors Inc. now owns 6,312 shares of the utilities provider's stock valued at $43,000 after buying an additional 5,151 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Korea Electric Power in the fourth quarter valued at approximately $78,000. Virtu Financial LLC acquired a new stake in shares of Korea Electric Power in the first quarter valued at approximately $83,000. Vise Technologies Inc. acquired a new stake in shares of Korea Electric Power in the fourth quarter valued at approximately $89,000. Finally, Stifel Financial Corp lifted its position in shares of Korea Electric Power by 19.0% in the fourth quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock valued at $101,000 after buying an additional 2,350 shares during the last quarter.

About Korea Electric Power

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.