Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Kenon Holdings Ltd before investing.

In this article, we go over a few key elements for understanding Kenon Holdings Ltd’s stock price such as:

• Kenon Holdings Ltd’s current stock price and volume
• Why Kenon Holdings Ltd’s stock price changed recently
• Upgrades and downgrades for KEN from analysts
• KEN’s stock price momentum as measured by its relative strength

About Kenon Holdings Ltd (KEN)

Before we jump into Kenon Holdings Ltd’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Kenon Holdings Ltd. is a Singapore-based holding company. The Company has two segments. Electricity and energy generation and supply in Israel segment generates and supplies energy, which includes electricity, steam and charging services for electric vehicles, mainly to private customers and to the System Operator, and in the development, construction and operation in Israel of power plants and energy generation facilities powered using natural gas and renewable energy. Generation and supply of electricity and energy in the United States segment develops, holds and manages power plants using renewable energy and conventional energy in the United States. The segment develops, constructs and manages renewable energy and conventional power plants in the United States and holds rights in renewable energy and conventional power plants that are operational and under construction. The segment also provides asset and energy management services for power plants in the United States.

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Kenon Holdings Ltd’s Stock Price as of Market Close

As of September 24, 2024, 4:00 PM, CST, Kenon Holdings Ltd’s stock price was $26.72.

Kenon Holdings Ltd is up 4.13% from its previous closing price of $25.66.

During the last market session, Kenon Holdings Ltd’s stock traded between $25.28 and $25.89. Currently, there are 52.58 million shares of Kenon Holdings Ltd stock available for purchase.

Unfortunately, Kenon Holdings Ltd’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Kenon Holdings Ltd Stock Price History

Kenon Holdings Ltd’s (KEN) price is currently up 5.32% so far this month.

During the month of September, Kenon Holdings Ltd’s stock price has reached a high of $26.83 and a low of $24.27.

Over the last year, Kenon Holdings Ltd has hit prices as high as $28.99 and as low as $17.64. Year to date, Kenon Holdings Ltd’s stock is down 19.03%.

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What Caused Kenon Holdings Ltd Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 23, 2024, there were analysts who downgraded Kenon Holdings Ltd’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Kenon Holdings Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Kenon Holdings Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Kenon Holdings Ltd’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Kenon Holdings Ltd (KEN) by visiting AAII Stock Evaluator.

Relative Price Strength of Kenon Holdings Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 23, 2024, Kenon Holdings Ltd has a weighted four-quarter relative price strength of -4.75%, which translates to a Momentum Score of 45 and is considered to be Average.

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Kenon Holdings Ltd Stock Price: Bottom Line

As of September 24, 2024, Kenon Holdings Ltd’s stock price is $26.72, which is up 4.13% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Kenon Holdings Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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