E.On (OTCMKTS:EONGY) Sets New 1-Year High – Should You Buy?

E.On Se (OTCMKTS:EONGY)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $19.6050 and last traded at $19.55, with a volume of 7048 shares traded. The stock had previously closed at $19.21.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of E.On in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

E.On Trading Up 0.7%

The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.79 and a current ratio of 0.85. The stock has a market capitalization of $50.51 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 5.57 and a beta of 0.81. The stock has a 50-day moving average price of $18.28 and a two-hundred day moving average price of $18.44.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data on Wednesday, November 12th. The utilities provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). The firm had revenue of $18.51 billion for the quarter, compared to analysts’ expectations of $21.43 billion. E.On had a net margin of 3.61% and a return on equity of 11.86%. On average, research analysts forecast that E.On Se will post 1.16 EPS for the current fiscal year.

About E.On

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON’s business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.