The price of Korea Electric Power Corporation (NYSE:KEP) shares last traded on Wall Street fell -3.29% to $6.47.
Based on available information, 12 analysts follow Korea Electric Power Corporation (NYSE:KEP). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $12.11 and a low of $7.18, we find $9.12. Given the previous closing price of $6.69, this indicates a potential upside of 36.32 percent. KEP stock price is now -14.72% away from the 50-day moving average and -15.72% away from the 200-day moving average. The market capitalization of the company currently stands at $8.43B.
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Among analysts, 6 rate the stock a hold while 3 rate it a buy. Brokers who have rated the stock have averaged $9.27 as their price target over the next twelve months.
, while ‘Credit Suisse’ rates the stock as ‘Neutral’.
A total of 51.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in KEP stock. A new stake in Korea Electric Power Corporation shares was purchased by QUANTINNO CAPITAL MANAGEMENT LP during the first quarter worth $338,000. CI PRIVATE WEALTH, LLC invested $224,000 in shares of KEP during the first quarter. In the first quarter, CITADEL ADVISORS LLC acquired a new stake in Korea Electric Power Corporation valued at approximately $210,000. PINNACLE WEALTH PLANNING SERVICES, INC. acquired a new stake in KEP for approximately $206,000. NATIXIS ADVISORS, L.P. purchased a new stake in KEP valued at around $153,000 in the second quarter. In total, there are 97 active investors with 1.50% ownership of the company’s stock.
A candlestick chart of Korea Electric Power Corporation (NYSE: KEP) showed a price of $6.54 on Tuesday morning. During the past 12 months, Korea Electric Power Corporation has had a low of $5.76 and a high of $10.18. As of last week, the company has a debt-to-equity ratio of 2.35, a current ratio of 0.70, and a quick ratio of 0.40. The fifty day moving average price for KEP is $7.54 and a two-hundred day moving average price translates $7.66 for the stock.
The latest earnings results from Korea Electric Power Corporation (NYSE: KEP) was released for Sep, 2022. The company reported revenue of $13.84 billion for the quarter, compared to $14.82 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.58 percent.
Moreover, the firm recently paid out its quarterly dividend on 04/28/2021. Investors who held shares on 12/31/2020 were paid a $0.543138 dividend.
Korea Electric Power Corporation(KEP) Company Profile
Korea Electric Power Corporation, an integrated electric utility company, generates, transmits, and distributes electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments. It generates power from nuclear, coal, oil, liquefied natural gas, internal combustion, combined-cycle, integrated gasification combined cycle, hydro, wind, solar, fuel cell, biogas, and other sources. As of December 31, 2021, the company had a total of 763 generation units, including nuclear, thermal, hydroelectric, and internal combustion units with an installed generation capacity of 82,459 megawatts. Its transmission system consisted of 34,923 circuit kilometers of lines of 765 kilovolts and others, including high-voltage direct current lines, as well as 892 substations with an installed transformer capacity of 344,286 megavolt-amperes; and distribution system included 132,376 megavolt-amperes of transformer capacity and 9,940,440 units of support with a total line length of 532,348 circuit kilometers. The company provides electricity to residential, commercial, educational, industrial, agricultural, street lighting, and overnight power usage. It also offers utility plant maintenance, resources development, electric power information technology, facility maintenance and service, electric meter reading, security, information, and communication line leasing services, as well as sells nuclear fuel. Korea Electric Power Corporation was founded in 1961 and is headquartered in Naju-si, South Korea.
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