Shares of KEP traded higher by 1.41% or $0.179/share to $12.85. Korea Electric Power Corp. is trading at a price to book ratio of 0.42. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.45. The price to sales ratio came in at 0.44. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 919693 shares of KEP exchange hands on a given day and today's volume is recorded at 424150. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Korea Electric Power Corporation (KEPCO) is engaged in the generation, transmission and distribution of electricity and development of electric power resources in the Republic of Korea.