E.On Se (OTCMKTS:EONGY – Get Free Report) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 305,357 shares, a growth of 7,854.1% from the October 15th total of 3,839 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 384,327 shares, the days-to-cover ratio is presently 0.8 days.
Analyst Ratings Changes
EONGY has been the topic of a number of recent analyst reports. Berenberg Bank raised shares of E.On from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. Sanford C. Bernstein raised shares of E.On to a “strong-buy” rating in a research note on Wednesday, October 21st. Jefferies Financial Group raised shares of E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Finally, UBS Group upgraded shares of E.On from a “hold” rating to a “buy” rating in a research note on Monday, September 7th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, E.On currently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on E.On
E.On Price Performance
OTCMKTS EONGY traded up $0.02 during trading on Tuesday, reaching $21.65. The company’s stock had a trading volume of 980,511 shares, compared to its average volume of 220,224. The stock has a market capitalization of $56.60 billion, a PE ratio of 14.43, a P/E/G ratio of 4.94 and a beta of 0.67. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.96 and a quick ratio of 0.90. The firm has a fifty day moving average of $20.12 and a 200 day moving average of $21.23. E.On has a one year low of $17.38 and a one year high of $23.58.
E.On (OTCMKTS:EONGY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.10). The business had revenue of $18.89 billion for the quarter, compared to the consensus estimate of $40.44 billion. E.On had a net margin of 4.49% and a return on equity of 11.35%. Analysts expect that E.On will post 1.23 EPS for the current fiscal year.
E.On Company Profile
E.ON SE is a Germany-based energy company focused primarily on energy networks and customer solutions. The company operates electricity distribution networks and gas networks, helping deliver energy to homes, businesses and other organizations. E.ON also supplies electricity and gas to retail and commercial customers and provides services such as energy management, energy efficiency and electric-vehicle charging. Its operations span several European countries, with a substantial presence in Germany and the United Kingdom.
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