Korea Electric Power (NYSE:KEP) Raised to “Buy” at StockNews.com

StockNews.com upgraded shares of Korea Electric Power (NYSE:KEP) from a hold rating to a buy rating in a report released on Tuesday.

Korea Electric Power Trading Down 0.7 %

KEP opened at $8.72 on Tuesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.24 and a current ratio of 0.37. Korea Electric Power has a 12 month low of $6.69 and a 12 month high of $9.55. The company has a fifty day simple moving average of $7.98 and a 200 day simple moving average of $7.64.

Korea Electric Power (NYSE:KEP) last released its quarterly earnings data on Monday, September 9th. The utilities provider reported $0.04 EPS for the quarter. Korea Electric Power had a net margin of 2.95% and a return on equity of 6.93%. The business had revenue of $14.93 billion during the quarter.

Institutional Trading of Korea Electric Power

A number of large investors have recently made changes to their positions in KEP. Wilmington Savings Fund Society FSB bought a new position in Korea Electric Power during the 3rd quarter worth about $35,000. Acadian Asset Management LLC bought a new position in Korea Electric Power during the 1st quarter worth about $38,000. EverSource Wealth Advisors LLC increased its holdings in Korea Electric Power by 91.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock worth $46,000 after purchasing an additional 2,895 shares in the last quarter. GAMMA Investing LLC increased its holdings in Korea Electric Power by 114.7% during the 3rd quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock worth $49,000 after purchasing an additional 3,386 shares in the last quarter. Finally, CWM LLC increased its holdings in Korea Electric Power by 13.5% during the 2nd quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock worth $84,000 after purchasing an additional 1,404 shares in the last quarter.

Korea Electric Power Company Profile

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.