Korea Electric Power Co. (NYSE:KEP – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 260,600 shares, a drop of 8.4% from the September 15th total of 284,400 shares. Based on an average daily volume of 111,900 shares, the short-interest ratio is presently 2.3 days.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th.
Check Out Our Latest Stock Analysis on Korea Electric Power
Hedge Funds Weigh In On Korea Electric Power
Korea Electric Power Stock Performance
NYSE KEP opened at $7.58 on Thursday. The business has a 50 day moving average price of $7.81 and a 200 day moving average price of $7.55. The company has a market capitalization of $9.73 billion, a P/E ratio of 22.29 and a beta of 1.01. Korea Electric Power has a 1-year low of $5.93 and a 1-year high of $9.55. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.37 and a quick ratio of 0.24.
Korea Electric Power (NYSE:KEP – Get Free Report) last announced its quarterly earnings results on Monday, September 9th. The utilities provider reported $0.04 earnings per share for the quarter. Korea Electric Power had a return on equity of 6.93% and a net margin of 2.95%. The business had revenue of $14.93 billion during the 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.
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