Korea Electric Power (NYSE:KEP) Reaches New 12-Month Low – Should You Sell?

Korea Electric Power Co. (NYSE:KEP)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $6.69 and last traded at $6.69, with a volume of 283255 shares. The stock had previously closed at $6.88.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Korea Electric Power from a “hold” rating to a “buy” rating in a report on Thursday, December 5th.

Korea Electric Power Stock Performance

The stock has a fifty day simple moving average of $7.91 and a 200-day simple moving average of $7.66. The stock has a market cap of $8.58 billion, a P/E ratio of 3.09 and a beta of 1.00. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.24 and a current ratio of 0.43.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Korea Electric Power during the 3rd quarter worth about $35,000. Public Employees Retirement System of Ohio bought a new position in Korea Electric Power in the third quarter valued at approximately $855,000. Jane Street Group LLC acquired a new position in shares of Korea Electric Power during the 3rd quarter worth approximately $140,000. State Street Corp raised its stake in shares of Korea Electric Power by 0.9% during the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider’s stock worth $5,796,000 after purchasing an additional 6,975 shares in the last quarter. Finally, Stifel Financial Corp acquired a new stake in shares of Korea Electric Power in the 3rd quarter valued at approximately $96,000.

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.