Korea Electric Power (NYSE:KEP) Stock Price Passes Above 200 Day Moving Average of $6.90

Korea Electric Power Co. (NYSE:KEPGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.90 and traded as high as $7.92. Korea Electric Power shares last traded at $7.92, with a volume of 67,567 shares trading hands.

Korea Electric Power Stock Performance

The company has a current ratio of 0.56, a quick ratio of 0.40 and a debt-to-equity ratio of 2.83. The company’s 50-day moving average price is $7.26 and its 200 day moving average price is $6.90.

Korea Electric Power (NYSE:KEPGet Free Report) last posted its earnings results on Thursday, December 7th. The utilities provider reported $0.47 earnings per share for the quarter. The firm had revenue of $18.65 billion during the quarter. Korea Electric Power had a negative net margin of 16.03% and a negative return on equity of 36.29%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KEP. American Century Companies Inc. increased its position in Korea Electric Power by 11.0% during the first quarter. American Century Companies Inc. now owns 51,431 shares of the utilities provider’s stock worth $479,000 after buying an additional 5,111 shares during the period. US Bancorp DE grew its stake in shares of Korea Electric Power by 75.2% in the 1st quarter. US Bancorp DE now owns 38,713 shares of the utilities provider’s stock valued at $360,000 after purchasing an additional 16,618 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Korea Electric Power by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 24,702 shares of the utilities provider’s stock valued at $230,000 after purchasing an additional 1,246 shares during the last quarter. Natixis Advisors L.P. purchased a new position in shares of Korea Electric Power in the 1st quarter valued at approximately $278,000. Finally, Bank of Montreal Can purchased a new position in shares of Korea Electric Power in the 1st quarter valued at approximately $3,736,000. Institutional investors and hedge funds own 1.49% of the company’s stock.

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.

Further Reading

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