RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Large Decline in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a drop of 99.5% from the September 30th total of 19,100 shares. Based on an average daily trading volume, of 81,200 shares, the short-interest ratio is presently 0.0 days.

RWE Aktiengesellschaft Trading Down 0.7 %

OTCMKTS:RWEOY traded down $0.23 during trading hours on Friday, hitting $32.98. The stock had a trading volume of 79,405 shares, compared to its average volume of 68,944. The business’s 50 day moving average is $35.30 and its 200-day moving average is $35.67. 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 company has a market cap of $22.30 billion, a price-to-earnings ratio of 12.54 and a beta of 0.89. RWE Aktiengesellschaft has a one year low of $32.68 and a one year high of $46.13.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last posted its earnings results on Wednesday, August 14th. The utilities provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of ($0.32) by $1.13. RWE Aktiengesellschaft had a return on equity of 9.53% and a net margin of 14.01%. The firm had revenue of $4.95 billion for the quarter. Sell-side analysts anticipate that RWE Aktiengesellschaft will post 3.25 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.