Korea Electric Power Corporation (NYSE:KEP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.12 and traded as high as $13.25. Korea Electric Power shares last traded at $13.05, with a volume of 510,322 shares.
Analysts Set New Price Targets
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.
Get Our Latest Research Report on KEP
Korea Electric Power Trading Down 2.1%
The stock's fifty day simple moving average is $11.74 and its 200-day simple moving average is $9.12. The firm has a market cap of $16.76 billion, a PE ratio of 4.47 and a beta of 0.93. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.47 and a quick ratio of 0.32.
Korea Electric Power (NYSE:KEP - Get Free Report) last issued its quarterly earnings data on Tuesday, June 17th. The utilities provider reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company 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
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new position in Korea Electric Power during the second quarter valued at approximately $824,000. GAMMA Investing LLC boosted its stake in Korea Electric Power by 169.6% during the 2nd quarter. GAMMA Investing LLC now owns 15,343 shares of the utilities provider's stock worth $218,000 after acquiring an additional 9,652 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in Korea Electric Power during the 2nd quarter worth approximately $201,000. AQR Capital Management LLC raised its holdings in Korea Electric Power by 18.5% during the 1st quarter. AQR Capital Management LLC now owns 29,211 shares of the utilities provider's stock worth $216,000 after buying an additional 4,556 shares during the period. Finally, Cubist Systematic Strategies LLC grew its stake in shares of Korea Electric Power by 37.7% in the first quarter. Cubist Systematic Strategies LLC now owns 54,194 shares of the utilities provider's stock valued at $402,000 after buying an additional 14,846 shares in the last quarter.
Korea Electric Power Company Profile
(
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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