Korea Electric Power Corporation (NYSE:KEP - Get Free Report) shares gapped up before the market opened 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.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded 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 Stock Analysis on Korea Electric Power
Korea Electric Power Stock Performance
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 cap of $17.40 billion, a price-to-earnings ratio of 4.64 and a beta of 0.93. The stock's 50-day moving average is $11.08 and its 200-day moving average is $8.77.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its earnings results on Tuesday, June 17th. The utilities provider reported $1.25 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.35. Korea Electric Power had a net margin of 5.53% and a return on equity of 13.16%. The business had revenue of $16.67 billion for the quarter, compared to the consensus estimate of $17.04 billion.
Institutional Investors Weigh In On Korea Electric Power
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Korea Electric Power in the 4th quarter worth about $530,000. American Century Companies Inc. increased its position in shares of Korea Electric Power by 6.4% in the 4th quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock worth $2,863,000 after purchasing an additional 25,018 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Korea Electric Power in the 4th quarter worth about $126,000. Orion Portfolio Solutions LLC increased its position in shares of Korea Electric Power by 26.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 21,895 shares of the utilities provider's stock worth $151,000 after purchasing an additional 4,524 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Korea Electric Power by 90.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 723,844 shares of the utilities provider's stock worth $4,980,000 after purchasing an additional 344,126 shares during 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.
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