Moved Below Lower Keltner Channel – KEP, KRA, MTL, MTL/P, PHI
by Yvonne Magtibay in Business on Sep 20, 2011
Korea Electric Power Corporation percentage change fell -3.84%, to close at $9.51 and its overall traded volume was 294,930.00 shares in the last trading session. KEP opened at $9.62 and is trading within the range of $9.44-$9.62. The 52-week range of the stock is $9.31 – $15.25. At current market price, the market capitalization of the company stands at $11.85B and it has 1.25B outstanding shares.
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. KEPCO’s business operations include nuclear, hydro and thermal generation; transmission and distribution, and resources development. KEPCO consists of power generation companies, subsidiaries and affiliates, and other share-holding companies. KEPCO completed consulting projects in Myanmar, the Philippines, Indonesia, Libya, Ukraine and Paraguay, and is working on 12 projects in Western Africa, Cambodia, Bangladesh, Pakistan, Egypt, Saudi Arabia and Azerbaijan. KEPCO is investing in green growth business, which includes implementation of Smart Grid and electric vehicle charging infrastructure and reduction of greenhouse gas emissions. On January 5, 2010, KEPCO developed the prototype of next-generation electric vehicle chargers.
Kraton Performance Polymers, Inc. fell -3.19%, to close at $19.44 and its overall traded volume was 401,259.00 shares in the last trading session. KRA shares were trading within the range of $19.09-$19.75 while its opening price was $19.65. The 52-week range of the stock is $18.79 – $47.89. KRA’s market capitalization is $623.39M and it has 32.07M outstanding shares. Kraton Performance Polymers, Inc. (Kraton) is a producer of styrenic block copolymers (SBCs). The Company markets its products under the KRATON brand. Kraton’s SBC products are found in a number of applications, including disposable baby diapers, rubberized grips of toothbrushes, razor blades, power tools and in asphalt formulations used to pave roads. The Company also develops, manufactures and markets non-SBC, such as isoprene rubber latex (IRL). Kraton’s IRL products are used in applications, such as surgical gloves and condoms. As of December 31, 2010, the Company offered approximately 800 products to more than 700 customers in over 60 countries worldwide. Th e Company manufactures its polymers at five manufacturing facilities on four continents (North America, Europe, South America and Asia), including its flagship plant in Belpre, Ohio. In July 2010, the Company announced the addition of Kraton D1183 BT to its line of polymers.
Mechel OAO slid -2.63%, to close at $15.16 and its overall traded volume was 1.60M shares in the last trading session. MTL shares were trading within the range of $14.73-$15.24 while its opening price was $15.09. The stock has a 52 week low of $14.73 and 52 week high of $34.74. At current market price, the market capitalization of the company stands at $6.31B and it has 416.27M outstanding shares. Mechel OAO is an integrated mining, steel, ferroalloys and power company. The Company operates in four segments: mining, steel, ferroalloys and power. Its mining segment produces coking and steam coal, as well as iron ore and iron ore concentrate. The mining segment consists of coal and iron ore mines in Russia and the United States. Its steel segment produces and sells semi-finished steel products, carbon and specialty long products, carbon and stainless flat products and value-added downstream metal products, including wire products, stampings and forgings. Its ferroalloys segment produces and sells low-ferr ous ferronickel, ferrochrome and ferrosilicon. Its power segment produces and sells electricity to internal and external customers. In April 2010, the Company acquired Laminorul Braila metallurgical plant located in Romania. On February 25, 2010, the Company acquired Donau Commodities SRL. In April 2011, the Company acquired Mechel-Garant OOO.
Philippine Long Distance Telephone Company percentage change fell -2.93%, to close at $52.96 and its overall traded volume was 158,571.00 shares in the last trading session. PHI opened at $53.51 and is trading within the range of $52.80-$53.51. The 52-week range of the stock is $46.08 – $64.54. At current market price, the market capitalization of the company stands at $11.53B and it has 217.76M outstanding shares. The Philippine Long Distance Telephone Company (PLDT) telecommunications service provider in the Philippines. The Company’s segments include wireless, fixed line and information and communications technology. The Company offers diversified range of telecommunications services across the Philippines’ fiber optic backbone and wireless, fixed line and satellite networks. The Company provides wireless communication, fixed line communication, and ICT services to its subscribers and customers. The Company provides services to mobile, business, residential and payphone customers. On April 8, 2010, SPi CRM, Inc. (SPi CRM), Parlance Systems, Inc. (Parlance) and Vocativ Systems, Inc. (Vocativ) were merged, with SPi CRM.
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