Korea Electric Power (NYSE:KEP) Shares Up 2.8% - Should You Buy?

Korea Electric Power Co. (NYSE:KEP - Get Free Report) shares were up 2.8% during mid-day trading on Thursday . The company traded as high as $10.67 and last traded at $10.66. Approximately 54,840 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 186,088 shares. The stock had previously closed at $10.37.

Wall Street Analyst Weigh In

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

Korea Electric Power Stock Down 4.4%

The business's 50 day moving average price is $9.69 and its 200-day moving average price is $8.20. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43. The firm has a market capitalization of $13.13 billion, a PE ratio of 4.73 and a beta of 0.85.

Institutional Investors Weigh In On Korea Electric Power

Institutional investors and hedge funds have recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in Korea Electric Power during the 4th quarter valued at about $525,000. Wealthstream Advisors Inc. acquired a new stake in shares of Korea Electric Power during the fourth quarter worth about $71,000. Schechter Investment Advisors LLC lifted its position in shares of Korea Electric Power by 136.5% during the fourth quarter. Schechter Investment Advisors LLC now owns 25,568 shares of the utilities provider's stock worth $176,000 after purchasing an additional 14,758 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Korea Electric Power in the fourth quarter valued at approximately $530,000. Finally, Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Korea Electric Power in the fourth quarter valued at approximately $332,000.

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.