Korea Electric Power Corp. ( KEP ) saw a big move last session, as the company's shares fell by over 6 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as KEP is now trading below the volatile price range of $18.3 to $19.8 in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as the Electrical Utilities company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
KEP currently has a Zacks Rank #4 (Sell) while its Earnings ESP
Some better-ranked stocks in the Electrical Utilities industry include Black Hills Corporation
), National Grid plc
) and NRG Energy, Inc.
). All these stocks carry a Zacks Rank #1 (Strong Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportKOREA ELEC PWR (KEP): Free Stock Analysis ReportBLACK HILLS COR (BKH): Free Stock Analysis ReportNATL GRID -ADR (NGG): Free Stock Analysis ReportNRG ENERGY INC (NRG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research