E.On (OTCMKTS:EONGY) Hits New 52-Week Low – What’s Next?

E.On Se (OTCMKTS:EONGY) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $11.70 and last traded at $11.92, with a volume of 218328 shares changing hands. The stock had previously closed at $12.31.

Analyst Ratings Changes

EONGY has been the topic of several research analyst reports. Barclays raised shares of E.On to a “strong-buy” rating in a report on Friday, September 27th. Morgan Stanley raised E.On from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 5th.

E.On Trading Up 0.7 %

The stock’s 50 day moving average is $13.06 and its 200-day moving average is $13.61. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57. The company has a market cap of $30.64 billion, a PE ratio of 8.57, a P/E/G ratio of 6.36 and a beta of 0.77.

About E.On

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.