Korea Electric Power (NYSE:KEP) Stock Rating Upgraded by 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 note issued to investors on Tuesday.

Korea Electric Power Stock Performance

Shares of Korea Electric Power stock opened at $8.74 on Tuesday. The company’s 50 day moving average price is $7.97 and its 200-day moving average price is $7.63. Korea Electric Power has a 52-week low of $6.69 and a 52-week high of $9.55. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.24 and a current ratio of 0.37.

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

Institutional Trading of Korea Electric Power

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB purchased a new stake in Korea Electric Power in the third quarter worth $35,000. Acadian Asset Management LLC purchased a new stake in Korea Electric Power in the first quarter worth $38,000. EverSource Wealth Advisors LLC lifted its position in Korea Electric Power by 91.4% during the first quarter. EverSource Wealth Advisors LLC now owns 6,063 shares of the utilities provider’s stock valued at $46,000 after buying an additional 2,895 shares during the period. GAMMA Investing LLC lifted its position 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 buying an additional 3,386 shares during the period. Finally, CWM LLC lifted its position in Korea Electric Power by 13.5% during the second quarter. CWM LLC now owns 11,824 shares of the utilities provider’s stock valued at $84,000 after buying an additional 1,404 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.