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

StockNews.com cut shares of Korea Electric Power (NYSE:KEP) from a buy rating to a hold rating in a research report released on Friday morning.

Korea Electric Power Stock Performance

NYSE:KEP opened at $7.34 on Friday. Korea Electric Power has a 1 year low of $6.68 and a 1 year high of $9.55. The firm has a 50 day moving average of $7.55 and a 200-day moving average of $7.65. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 2.10.

Institutional Trading of Korea Electric Power

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in Korea Electric Power during the 3rd quarter worth about $35,000. GAMMA Investing LLC lifted its position 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 in the last quarter. Stifel Financial Corp bought a new stake in shares of Korea Electric Power during the third quarter valued at approximately $96,000. Atomi Financial Group Inc. increased its holdings 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 purchasing an additional 1,704 shares in the last quarter. Finally, Private Advisor Group LLC bought a new position in Korea Electric Power in the 3rd quarter worth approximately $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.