Alert: Positive Investment/Fundamental Signals (3/14/24)-Korea Electric Power Corp (NYSE: KEP)

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Korea Electric Power Corp (NYSE: KEP). Notable positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, the stock’s power rating rose above 70, and the consensus estimate for December, 2024 increased significantly.

Significant positive changes in investment behavior have recently occurred for Korea Electric Power Corp (NYSE: KEP): the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, KEP is expected to continue to be a major Value Builder.

Korea Electric Power has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Korea Electric Power has a good Power Rating of 74 and a very high Appreciation Score of 96, and the Highest Value Trend Rating results.

Recent Price Action

Korea Electric Power Corp (NYSE: KEP) stock closed at $9.50 on 3/14/24 after a large increase of 3.0%. Moreover, trading volume in this advance was exceptionally high at 236% of normal. The stock has risen 1.8% during the last week and has been strong relative to the market over the last nine months.

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