Korea Electric Power (NYSE:KEP) Rating Lowered to “Hold” at StockNews.com

Korea Electric Power (NYSE:KEP) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Friday.

Korea Electric Power Stock Performance

Shares of KEP stock traded up $0.08 during trading on Friday, reaching $7.34. 174,963 shares of the company’s stock were exchanged, compared to its average volume of 199,171. Korea Electric Power has a twelve month low of $6.68 and a twelve month high of $9.55. The firm’s fifty day moving average price is $7.55 and its 200-day moving average price is $7.65. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $9.42 billion, a PE ratio of 3.40 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB acquired a new stake in Korea Electric Power during the third quarter worth approximately $35,000. GAMMA Investing LLC increased its stake in shares of Korea Electric Power by 114.7% during 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. Stifel Financial Corp acquired a new stake in Korea Electric Power during the 3rd quarter worth approximately $96,000. Atomi Financial Group Inc. boosted its stake in Korea Electric Power by 14.3% in the 3rd 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 period. Finally, Private Advisor Group LLC acquired a new position in Korea Electric Power in the 3rd quarter valued at $114,000.

About Korea Electric Power

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.