How to Buy Kenon Holdings Stock
Kenon Holdings Ltd
Kenon Holdings is a independent power producer company located in Singapore, which is part of the Utilities sector, and is traded under the ticker KEN on the NYSE exchange.
Kenon Holdings stock last closed at $22.25, up 2.63% from the previous day, and has decreased 14.88% in one year. It has underperformed other stocks in the Utilities - Independent Power Producers industry by 0.89 percentage points. Kenon Holdings stock is currently +26.13% from its 52-week low of $17.64, and -27.41% from its 52-week high of $30.65.
As of Apr 26, 2024, there are 52.77M shares of KEN outstanding. The market cap of KEN is $1.17B. In the past 24 hours, 16,746 KEN shares were traded.
How to Buy Kenon Holdings Stock
Not sure how to invest in Kenon Holdings stock? Here's how.
- Decide where to buy Kenon Holdings stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Kenon Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your details.
- Analyze Kenon Holdings stock: The Kenon Holdings ticker symbol is KEN. Is Kenon Holdings stock a good investment? Should you buy shares of KEN? How do KEN's underlying business fundamentals look? Do top analysts think Kenon Holdings is a good buy? Why has KEN's stock price moved recently? (Hint: Our stock market research tools can help you decide if KEN is a good stock to buy).
- Execute your KEN buy order: Decide if you will purchase KEN shares at the current market price or use a limit order to buy KEN shares at a specific price.
- Watch your KEN investment: Create a watchlist to important notifications about your position in Kenon Holdings shares.
Step 1: Decide where to buy Kenon Holdings stock
You will need a brokerage account in order to access the NYSE market and buy KEN shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy KEN stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on our top ranked stock app, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring money into your brokerage account.
Step 4: Analyze Kenon Holdings stock
Once you have selected the best place to buy Kenon Holdings stock, it's absolutely critical to evaluate their stock prior to buying, so you actually comprehend the risk and upside.
Kenon Holdings Metrics
Kenon Holdings Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on KEN's stock page.
Is KEN stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge KEN's intrinsic value.
Using relative valuations metrics:
- KEN could be undervalued based on its P/B ratio of 0.98x, relative to Utilities - Independent Power Producers industry P/B ratio of 3.59x
You can access additional valuation research on KEN's stock here.
KEN Financial Overview
Pros:
- KEN has cash burn of 55329000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the KEN balance sheet.
- KEN has $916.34M in cash and short term investments. This is sufficient to cover its annual cash burn of $55.33M.
Cons:
- KEN profit margin has gone down from 54.5% to -34.1% in the past year.
- There are more long-term liabilities than short-term assets on the KEN balance sheet.
- Total KEN debt is higher than 5 years ago, relative to shareholder equity.
- KEN has a relatively high debt to equity ratio of 1.69.
KEN Technicals
KEN Revenue
Last year, KEN revenue was $691.80M. Over the last 5 year, KEN's revenue has gone up by 13.7% per year. This was slower than the Utilities - Independent Power Producers industry average of 16.13%.
Dig into KEN's earnings and revenue performance here.
Are KEN insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at KEN have not bought or sold any shares.
Dig into more about who owns KEN shares here.
Can I get consistent income from KEN stock?
Kenon Holdings pays a dividend of 17.08%, compared to the Utilities - Independent Power Producers industry's average dividend yield of 5.64%. If you owned $1,000 worth of KEN stock, you would have received $170.79 in the past year.
Kenon Holdings dividend payments have consistently grown over the past 6 years but have not remained stable.
Find more data about Kenon Holdings dividend yield and history here.
Get analysis from other investors
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Step 5: Execute your KEN buy order
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and your broker will place the order.
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Step 6: Watch your KEN investment
Now that you own some shares in KEN, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to keep track of your KEN stock.
KEN Feed
How to Buy Stock in Kenon Holdings
To summarize, here are the 6 steps for buying Kenon Holdings stock:
- Decide where to buy Kenon Holdings stock
- Open your brokerage account
- Deposit funds into your investment account
- Analyze Kenon Holdings stock
- Execute your KEN buy order
- Watch your KEN investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Kenon Holdings, hit the button below to create your watchlist.
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