Extremely important positive changes in investment behavior have recently occurred for Korea Electric Power Corp (NYSE: KEP): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Korea Electric Power Corp (NYSE: KEP). Meaningful positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, and significant quarterly sales acceleration occurred.
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.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, KEP is expected to continue to be a Value Builder.
Korea Electric Power has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Korea Electric Power has a neutral Power Rating of 59 but a very high Appreciation Score of 98, leading to the Highest Value Trend Rating.
Recent Price Action
On 2/28/24, Korea Electric Power Corp (NYSE: KEP) stock rose modestly by 1.0%, closing at $9.19. However, this advance was accompanied by unusually low trading volume at 57% of normal. The stock has performed in line with the market over the last nine months and has risen 4.9% during the last week.
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