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

Korea Electric Power (NYSE:KEP) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

Korea Electric Power Trading Up 2.6 %

NYSE KEP traded up $0.22 during trading on Tuesday, hitting $8.77. The company had a trading volume of 55,671 shares, compared to its average volume of 105,104. The company has a current ratio of 0.37, a quick ratio of 0.24 and a debt-to-equity ratio of 0.30. Korea Electric Power has a one year low of $6.69 and a one year high of $9.55. The company has a market cap of $11.26 billion, a price-to-earnings ratio of 5.59 and a beta of 1.00. The company’s fifty day moving average is $7.97 and its 200-day moving average is $7.62.

Korea Electric Power (NYSE:KEP) last issued 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 Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. CWM LLC increased its stake in shares of Korea Electric Power by 13.5% in the 2nd quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock worth $84,000 after acquiring an additional 1,404 shares in the last quarter. Atomi Financial Group Inc. increased its stake in Korea Electric Power by 14.3% during the 3rd quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock valued at $106,000 after purchasing an additional 1,704 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Korea Electric Power by 9.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 23,310 shares of the utilities provider’s stock worth $165,000 after buying an additional 1,982 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in Korea Electric Power by 17.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 15,732 shares of the utilities provider’s stock worth $131,000 after purchasing an additional 2,370 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Korea Electric Power by 91.4% in the first quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock worth $46,000 after buying an additional 2,895 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.