Kenon (NYSE:KEN) Downgraded by ValuEngine
ValuEngine lowered shares of Kenon (NYSE:KEN) from a buy rating to a hold rating in a research report sent to investors on Wednesday, January 3rd.
Shares of Kenon (KEN) traded down $0.26 during mid-day trading on Wednesday, hitting $29.04. 1,405 shares of the stock were exchanged, compared to its average volume of 3,667. The company has a debt-to-equity ratio of 3.37, a current ratio of 1.59 and a quick ratio of 1.46. Kenon has a 52-week low of $9.96 and a 52-week high of $30.35.
Kenon (NYSE:KEN) last announced its earnings results on Monday, November 27th. The utilities provider reported ($0.43) earnings per share (EPS) for the quarter. Kenon had a negative net margin of 3.75% and a negative return on equity of 7.28%.
ILLEGAL ACTIVITY NOTICE: “Kenon (NYSE:KEN) Downgraded by ValuEngine” was first reported by Marea Informative and is the sole property of of Marea Informative. If you are viewing this piece on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece can be viewed at https://www.mareainformativa.com/2018/01/30/kenon-ken-rating-lowered-to-hold-at-valuengine-updated-updated-updated.html.
Kenon Company Profile
Kenon Holdings Ltd is a holding company that operates primarily growth-oriented businesses. The Company’s segments include I.C. Power Asia Development Ltd (IC Power), Qoros Automotive Co, Ltd. (Qoros) and Other. I.C. Power, through its subsidiary companies, is engaged in the production, operation and sale of electricity in the country Israel.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Kenon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kenon and related companies with MarketBeat.com's FREE daily email newsletter.