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4 Utilities Stocks Dragging The Sector Down

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 20 points (0.1%) at 14,984 as of Friday, Aug. 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,794 issues advancing vs. 1,149 declining with 104 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Companhia De Saneamento Basico Do Estado De ( SBS), up 2.2%, Empresa Nacional de ElectricidadSA ( EOC), up 1.4%, Consolidated Edison ( ED), up 0.9% and TransCanada ( TRP), up 0.6%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector lower today. As of noon trading, Korea Electric Power is down $0.22 (-1.7%) to $12.86 on average volume. Thus far, 153,760 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 369,400 shares. The stock has ranged in price between $12.85-$12.98 after having opened the day at $12.96 as compared to the previous trading day's close of $13.08.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. Korea Electric Power has a market cap of $16.0 billion and is part of the utilities industry. Shares are down 8.0% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins. Get the full Korea Electric Power Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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