Shares of Korea Electric Power Corporation (NYSE:KEP - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $13.47, but opened at $13.97. Korea Electric Power shares last traded at $14.06, with a volume of 86,667 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Korea Electric Power from a "buy" rating to a "strong-buy" rating in a research report on Monday, May 19th.
Check Out Our Latest Research Report on Korea Electric Power
Korea Electric Power Price Performance
The firm has a market capitalization of $17.33 billion, a P/E ratio of 4.62 and a beta of 0.93. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.32 and a current ratio of 0.47. The firm has a 50-day moving average of $11.26 and a 200-day moving average of $8.85.
Korea Electric Power (NYSE:KEP - Get Free Report) last released its quarterly earnings results on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.35. Korea Electric Power had a return on equity of 13.16% and a net margin of 5.53%. The firm had revenue of $16.67 billion for the quarter, compared to analysts' expectations of $17.04 billion.
Hedge Funds Weigh In On Korea Electric Power
Institutional investors have recently bought and sold shares of the stock. Atlas Capital Advisors Inc. raised its holdings in 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 purchasing an additional 5,151 shares during the period. Virtu Financial LLC bought a new position in Korea Electric Power in the 1st quarter worth $83,000. XTX Topco Ltd bought a new position in Korea Electric Power in the 4th quarter worth $78,000. Vise Technologies Inc. purchased a new stake in Korea Electric Power in the 4th quarter worth $89,000. Finally, Stifel Financial Corp increased its stake in Korea Electric Power by 19.0% in the 4th quarter. Stifel Financial Corp now owns 14,700 shares of the utilities provider's stock worth $101,000 after buying an additional 2,350 shares in the last quarter.
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.
Further Reading
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