Korea Electric Power (NYSE:KEP) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Shares of Korea Electric Power Corporation (NYSE:KEP - Get Free Report) 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 traded.

Analysts Set New Price Targets

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

Korea Electric Power Trading Up 0.8%

The firm has a market cap of $17.51 billion, a P/E ratio of 4.67 and a beta of 0.93. The stock has a fifty day simple moving average of $11.74 and a 200 day simple moving average of $9.15. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.32 and a current ratio of 0.47.

Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, June 17th. The utilities provider reported $1.25 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.35. The company had revenue of $16.67 billion during the quarter, compared to the consensus estimate of $17.04 billion. Korea Electric Power had a net margin of 5.53% and a return on equity of 13.16%.

Institutional Investors Weigh In On Korea Electric Power

Large investors have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership increased its position in Korea Electric Power by 90.6% during 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 in the last quarter. American Century Companies Inc. raised its stake in Korea Electric Power by 6.5% during the 1st quarter. American Century Companies Inc. now owns 443,061 shares of the utilities provider's stock valued at $3,283,000 after purchasing an additional 26,906 shares during the last quarter. Northern Trust Corp boosted its position in shares of Korea Electric Power by 642.2% during the 4th quarter. Northern Trust Corp now owns 383,704 shares of the utilities provider's stock valued at $2,640,000 after acquiring an additional 332,009 shares in the last quarter. Ramirez Asset Management Inc. boosted its position in Korea Electric Power by 4.2% in the first quarter. Ramirez Asset Management Inc. now owns 279,980 shares of the utilities provider's stock valued at $2,075,000 after buying an additional 11,215 shares in the last quarter. Finally, Millennium Management LLC boosted its position in Korea Electric Power by 65.3% in the 4th quarter. Millennium Management LLC now owns 209,626 shares of the utilities provider's stock valued at $1,442,000 after buying an additional 82,775 shares during the last quarter.

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.