Korea Electric Power Co. (NYSE:KEP - Get Free Report) shares rose 4.1% during mid-day trading on Monday . The company traded as high as $8.93 and last traded at $8.94. Approximately 35,278 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 144,449 shares. The stock had previously closed at $8.58.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Korea Electric Power from a "hold" rating to a "buy" rating in a research report on Friday, April 11th.
Read Our Latest Research Report on Korea Electric Power
Korea Electric Power Stock Performance
The stock has a 50 day simple moving average of $7.83 and a two-hundred day simple moving average of $7.68. The company has a market capitalization of $11.36 billion, a price-to-earnings ratio of 4.10 and a beta of 0.94. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.43 and a quick ratio of 0.30.
Korea Electric Power (NYSE:KEP - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. Korea Electric Power had a return on equity of 9.64% and a net margin of 4.03%. The business had revenue of $16.82 billion during the quarter, compared to the consensus estimate of $17.04 billion.
Institutional Trading of Korea Electric Power
Several institutional investors and hedge funds have recently made changes to their positions in KEP. Sanctuary Advisors LLC purchased a new position in Korea Electric Power during the fourth quarter worth about $525,000. Stifel Financial Corp acquired a new stake in shares of Korea Electric Power in the third quarter worth approximately $96,000. State Street Corp grew its holdings in Korea Electric Power by 0.9% in the third quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock valued at $5,796,000 after purchasing an additional 6,975 shares during the period. American Century Companies Inc. increased its position in Korea Electric Power by 6.4% during the fourth 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. Finally, Jane Street Group LLC purchased a new position in Korea Electric Power during the third quarter worth approximately $140,000.
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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