Korea Electric Power (NYSE:KEP) Lowered to Hold Rating by StockNews.com

StockNews.com lowered shares of Korea Electric Power (NYSE:KEP) from a buy rating to a hold rating in a report issued on Thursday.

Korea Electric Power Price Performance

NYSE KEP traded down $0.31 during mid-day trading on Thursday, hitting $7.90. The company’s stock had a trading volume of 71,159 shares, compared to its average volume of 106,165. Korea Electric Power has a 52-week low of $6.36 and a 52-week high of $9.55. The stock’s fifty day simple moving average is $7.94 and its two-hundred day simple moving average is $7.58. 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 (NYSE:KEP) last issued its quarterly earnings data on Monday, September 9th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter. Korea Electric Power had a net margin of 2.95% and a return on equity of 6.93%. The company had revenue of $14.93 billion during the quarter.

Institutional Trading of Korea Electric Power

Several large investors have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new position in Korea Electric Power in the first quarter worth $38,000. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 2,895 shares during the period. GAMMA Investing LLC boosted its holdings in Korea Electric Power by 114.7% in the third 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 during the period. CWM LLC boosted its holdings in Korea Electric Power by 13.5% in the second quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock worth $84,000 after purchasing an additional 1,404 shares during the period. Finally, Atomi Financial Group Inc. boosted its holdings in Korea Electric Power by 14.3% in the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock worth $106,000 after purchasing an additional 1,704 shares during the period.

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.