Stock under Consideration: Kenon Holdings Ltd. (NYSE: KEN)

Wayne McAllister

I am Wayne McAllister and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind The MR News with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Basic Materials” category.

Address: 1842 Briarwood Road Arma, MO 66712, USA
Phone: (+1) 417-769-5599
Email: Waynemcallister@themrnews.com
Wayne McAllister

SINGAPORE, October 19, 2019 – Shares of Kenon Holdings Ltd. (NYSE: KEN) showed the bullish trend with a higher momentum of 1.35% to $20.32. The company traded total volume of 2.602K shares as contrast to its average volume of 2.11K shares. The company has a market value of $1.09B and about 53.73M shares outstanding.

Kenon Holdings Ltd. (KEN) (KEN.TA) reported a first-quarter loss of $12.0M, after reporting a profit in the same period a year earlier. On a per-share basis, the Singapore-based company said it had a loss of 24 cents. Losses, adjusted to account for suspended operations, were 23 cents per share. The holding company posted revenue of $97.0M in the period.

The Company offered net profit margin of -28.20% while its gross profit margin was 20.40%. ROE was recorded as -14.80% while beta factor was 1.58. The stock, as of recent close, has shown the weekly upbeat performance of 2.63% which was maintained at 37.76% in this year.

Wayne McAllister

Wayne McAllister

I am Wayne McAllister and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind The MR News with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Basic Materials” category. Address: 1842 Briarwood Road Arma, MO 66712, USA Phone: (+1) 417-769-5599 Email: Waynemcallister@themrnews.com

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