RWE Aktiengesellschaft (OTCMKTS:RWEOY) Share Price Crosses Below 50 Day Moving Average – What’s Next?

RWE Aktiengesellschaft (OTCMKTS:RWEOY)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $36.72 and traded as low as $35.75. RWE Aktiengesellschaft shares last traded at $36.01, with a volume of 25,341 shares.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an “overweight” rating on shares of RWE Aktiengesellschaft in a research report on Monday, March 24th.

RWE Aktiengesellschaft Trading Down 0.3%

The company has a fifty day simple moving average of $36.72 and a 200-day simple moving average of $33.13. The stock has a market cap of $24.35 billion, a price-to-earnings ratio of 8.74 and a beta of 0.74. The company has a current ratio of 1.55, a quick ratio of 1.42 and a debt-to-equity ratio of 0.45.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last issued its quarterly earnings results on Thursday, May 15th. The utilities provider reported $0.72 EPS for the quarter. RWE Aktiengesellschaft had a net margin of 12.03% and a return on equity of 8.16%. The business had revenue of $6.72 billion during the quarter. On average, research analysts forecast that RWE Aktiengesellschaft will post 3.18 earnings per share for the current fiscal year.

RWE Aktiengesellschaft Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 16th. Investors of record on Tuesday, May 6th were given a dividend of $0.8535 per share. This represents a yield of 2.19%. This is a positive change from RWE Aktiengesellschaft’s previous dividend of $0.76. The ex-dividend date was Monday, May 5th. RWE Aktiengesellschaft’s payout ratio is presently 11.62%.

RWE Aktiengesellschaft Company Profile

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.