E.On (FRA:EOAN) Stock Jumps 2.3% – Still a Buy?

E.On Se (FRA:EOAN – Get Free Report)’s stock price traded up 2.3% during mid-day trading on Friday. The company traded as high as €19.46 and last traded at €19.32. 5,924,718 shares changed hands during trading, The stock had previously closed at €18.88.

E.On Stock Down 1.2%

The company has a 50-day simple moving average of €17.69 and a two-hundred day simple moving average of €18.34.

E.On Company Profile

(Get Free Report)

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services. The Customer Solutions segment supplies power, gas, and heat, as well as with products and services that enhance energy efficiency to residential, small and medium-sized enterprises, large commercial and industrial, sales partners, and public entities.

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