E.On Se (OTCMKTS:EONGY) Short Interest Update

E.On Se (OTCMKTS:EONGY) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,174 shares, a decrease of 86.5% from the August 15th total of 16,103 shares. Based on an average daily volume of 288,552 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

E.On Stock Performance

OTCMKTS:EONGY opened at $20.41 on Friday. The company’s 50-day moving average price is $21.18 and its 200-day moving average price is $21.56. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 1.27. The company has a market cap of $53.36 billion, a P/E ratio of 13.61, a P/E/G ratio of 4.71 and a beta of 0.69. E.On has a twelve month low of $17.38 and a twelve month high of $23.58.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.10). The business had revenue of $18.89 billion for the quarter, compared to analysts’ expectations of $40.44 billion. E.On had a net margin of 4.49% and a return on equity of 11.54%. On average, sell-side analysts forecast that E.On will post 1.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EONGY has been the topic of several research analyst reports. Jefferies Financial Group upgraded E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Royal Bank Of Canada reissued a “sector perform” rating on shares of E.On in a report on Thursday, July 9th. Berenberg Bank upgraded E.On from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of E.On in a research note on Friday, July 3rd. Finally, UBS Group upgraded E.On from a “hold” rating to a “buy” rating in a research report on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

About E.On

E.ON SE is a Germany-based energy company focused primarily on energy networks and customer solutions. Its network business operates electricity and gas distribution infrastructure, while its customer-solutions activities provide electricity, natural gas and renewable energy products, along with energy-management services for residential, commercial and industrial customers.

The company also offers decentralized energy solutions, including solar power, battery storage, electric-vehicle charging and energy-efficiency services.