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

Korea Electric Power (NYSE:KEP) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

Korea Electric Power Stock Performance

Shares of NYSE:KEP traded up $0.05 during midday trading on Thursday, reaching $8.21. The company had a trading volume of 45,733 shares, compared to its average volume of 106,325. The company has a quick ratio of 0.24, a current ratio of 0.37 and a debt-to-equity ratio of 0.30. The stock’s fifty day moving average price is $7.94 and its 200-day moving average price is $7.58. Korea Electric Power has a one year low of $6.36 and a one year high of $9.55.

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

Institutional Trading of Korea Electric Power

Several institutional investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC bought a new stake in Korea Electric Power during the third quarter valued at $114,000. Blue Trust Inc. increased its stake in Korea Electric Power by 196.6% during the third quarter. Blue Trust Inc. now owns 50,006 shares of the utilities provider’s stock valued at $355,000 after purchasing an additional 33,144 shares during the last quarter. Atomi Financial Group Inc. increased its stake in Korea Electric Power by 14.3% during the third 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 during the last quarter. GAMMA Investing LLC increased its stake in Korea Electric Power by 114.7% during the third quarter. GAMMA Investing LLC now owns 6,339 shares of the utilities provider’s stock valued at $49,000 after purchasing an additional 3,386 shares during the last quarter. Finally, Sei Investments Co. bought a new stake in Korea Electric Power during the second quarter valued at $462,000.

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.