E.On (OTCMKTS:EONGY) Sets New 12-Month Low – What’s Next?

E.On Se (OTCMKTS:EONGY)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $10.78 and last traded at $10.80, with a volume of 142947 shares trading hands. The stock had previously closed at $11.59.

Analyst Upgrades and Downgrades

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

E.On Price Performance

The stock has a fifty day moving average of $12.33 and a two-hundred day moving average of $13.42. The stock has a market cap of $28.21 billion, a price-to-earnings ratio of 8.05, a price-to-earnings-growth ratio of 6.36 and a beta of 0.78. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57.

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.