E.On (OTCMKTS:EONGY) Sets New 12-Month Low – Should You Sell?

E.On Se (OTCMKTS:EONGY)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $11.18 and last traded at $11.67, with a volume of 82823 shares. The stock had previously closed at $11.63.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley upgraded shares of E.On from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 5th. Barclays raised E.On to a “strong-buy” rating in a report on Friday, September 27th.

E.On Stock Up 0.3 %

The firm’s 50-day moving average price is $12.91 and its 200 day moving average price is $13.57. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $30.82 billion, a price-to-earnings ratio of 7.94, a PEG ratio of 6.36 and a beta of 0.77.

E.On Company Profile

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.