Kenon Holdings: Divesting ZIM, Breakout In Play Ahead Of Earnings [Seeking Alpha]
Kenon Holdings Ltd. Ordinary Shares (KEN)
US:NYSE Investor Relations:
kenon-holdings.com/investor-relations.aspx
Company Research
Source: Seeking Alpha
Mike Zaccardi, CFA, CMT 7.04K Follower s Follow Summary Kenon Holdings (KEN) has gained 41% YTD, driven by higher global freight rates and strong Utilities-sector performance, despite volatile shipping rates. KEN's shareholder-friendly moves include a $3.80 dividend and stock buybacks, and it is exiting its stake in ZIM. Despite positive technical indicators and bullish seasonal trends, KEN faces challenges with high debt, negative GAAP EPS, and an uncertain earnings outlook. I maintain a hold rating on KEN, appreciating the yield and buybacks but wary of negative earnings and macroeconomic risks. J Studios Shares of Kenon Holdings Ltd. ( NYSE: KEN ) have performed very well so far in 2024 on a total return basis. Up 41% year-to-date, there have been tailwinds care of higher global freight rates, though the Drewry World Container Index (WCI) has been highly volatile. Strong This article was written by Mike Zaccardi, CFA, CMT 7.04K Follower s Follow Freelan
Show less
Read more
Impact Snapshot
Event Time:
KEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KEN alerts
High impacting Kenon Holdings Ltd. Ordinary Shares news events
Weekly update
A roundup of the hottest topics
KEN
Sec Filings
- 12/16/24 - Form 6-K
- 12/5/24 - Form 6-K
- 11/22/24 - Form 6-K
- KEN's page on the SEC website