Korea Electric Power Co. (NYSE:KEP - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $10.78, but opened at $11.24. Korea Electric Power shares last traded at $11.26, with a volume of 49,835 shares traded.
Wall Street Analysts Forecast Growth
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 Stock Report on Korea Electric Power
Korea Electric Power Trading Up 3.1%
The company has a fifty day simple moving average of $9.57 and a two-hundred day simple moving average of $8.18. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30. The company has a market capitalization of $13.73 billion, a P/E ratio of 4.95 and a beta of 0.85.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The business had revenue of $16.82 billion for the quarter, compared to analyst estimates of $17.04 billion. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of KEP. Sanctuary Advisors LLC bought a new position in Korea Electric Power in the 4th quarter worth approximately $525,000. Wealthstream Advisors Inc. acquired a new position in shares of Korea Electric Power in the 4th quarter valued at $71,000. Schechter Investment Advisors LLC lifted its stake in shares of Korea Electric Power by 136.5% in the 4th quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider's stock valued at $176,000 after purchasing an additional 14,758 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Korea Electric Power in the 4th quarter valued at $530,000. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Korea Electric Power in the 4th quarter valued at $332,000.
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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