RWE Aktiengesellschaft (OTCMKTS:RWEOY) Share Price Passes Below Fifty Day Moving Average – What’s Next?

RWE Aktiengesellschaft (OTCMKTS:RWEOY) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $31.01 and traded as low as $30.00. RWE Aktiengesellschaft shares last traded at $30.16, with a volume of 54,971 shares trading hands.

Analysts Set New Price Targets

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

RWE Aktiengesellschaft Trading Up 0.1 %

The business’s fifty day moving average price is $30.94 and its two-hundred day moving average price is $33.57. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.42 and a current ratio of 1.55.

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.