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

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

Korea Electric Power Stock Up 1.0 %

NYSE KEP traded up $0.08 during trading on Friday, hitting $7.34. The stock had a trading volume of 174,963 shares, compared to its average volume of 199,171. The company has a market capitalization of $9.42 billion, a PE ratio of 3.40 and a beta of 1.04. Korea Electric Power has a 12 month low of $6.68 and a 12 month high of $9.55. The company’s 50-day moving average price is $7.55 and its two-hundred day moving average price is $7.65. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.30 and a current ratio of 0.43.

Hedge Funds Weigh In On Korea Electric Power

A number of large investors have recently modified their holdings of KEP. Wilmington Savings Fund Society FSB bought a new stake in Korea Electric Power during the third quarter worth about $35,000. GAMMA Investing LLC raised its stake in shares of Korea Electric Power by 114.7% during the 3rd 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 in the last quarter. Stifel Financial Corp acquired a new stake in shares of Korea Electric Power in the 3rd quarter valued at approximately $96,000. Atomi Financial Group Inc. grew its stake in shares of Korea Electric Power by 14.3% in the third quarter. Atomi Financial Group Inc. now owns 13,632 shares of the utilities provider’s stock valued at $106,000 after buying an additional 1,704 shares in the last quarter. Finally, Private Advisor Group LLC bought a new position in shares of Korea Electric Power in the third quarter valued at $114,000.

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.