Korea Electric Power Corp.
(KEP - Free Report
) was a big mover last session, as the company saw its shares rise a little over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 16% in the past one-month time frame.
The company has seen one negative revision in the past 7 days and its Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Korea Electric currently has a Zacks Rank #4 (Sell) while its Earnings ESP
Some better performing electric utility stocks include Edison International
(EIX - Free Report
) , Exelon Corporation
(EXC - Free Report
) and Northwestern Corporation
(NWE - Free Report
) . All these stocks carry a Zacks Rank #2 (Buy).
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