RWE Aktiengesellschaft (OTCMKTS:RWEOY) Reaches New 1-Year Low – Here’s Why

RWE Aktiengesellschaft (OTCMKTS:RWEOY) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $30.20 and last traded at $33.05, with a volume of 620569 shares trading hands. The stock had previously closed at $33.24.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded RWE Aktiengesellschaft to a “strong-buy” rating in a report on Monday, September 30th.

RWE Aktiengesellschaft Stock Performance

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.63 and a current ratio of 1.74. The stock has a 50-day moving average of $34.88 and a 200-day moving average of $35.62. The firm has a market cap of $22.35 billion, a price-to-earnings ratio of 6.51 and a beta of 0.90.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last announced its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.13. RWE Aktiengesellschaft had a net margin of 14.01% and a return on equity of 9.53%. The business had revenue of $4.95 billion for the quarter. As a group, analysts anticipate that RWE Aktiengesellschaft will post 3.45 EPS for the current fiscal year.

About RWE Aktiengesellschaft

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.