E.On Se (OTCMKTS:EONGY) Stock Short Interest Report for October

E.On Se (OTCMKTS:EONGY) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 305,357 shares, a growth of 7,854.1% from the October 15th total of 3,839 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 384,327 shares, the short-interest ratio is currently 0.8 days.

E.On Price Performance

Shares of EONGY opened at $20.95 on Thursday. The company has a market capitalization of $54.77 billion, a price-to-earnings ratio of 16.16, a P/E/G ratio of 5.02 and a beta of 0.67. E.On has a fifty-two week low of $17.38 and a fifty-two week high of $23.58. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.96 and a quick ratio of 0.90. The business’s 50-day moving average is $20.13 and its 200-day moving average is $21.24.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings results on Wednesday, November 11th. The utilities provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). E.On had a return on equity of 11.35% and a net margin of 4.49%. The company had revenue of $18.82 billion for the quarter, compared to analyst estimates of $39.52 billion. Equities research analysts expect that E.On will post 1.23 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on EONGY shares. UBS Group upgraded E.On from a “hold” rating to a “buy” rating in a research report on Monday, September 7th. Sanford C. Bernstein upgraded shares of E.On to a “strong-buy” rating in a report on Wednesday, October 21st. Berenberg Bank raised shares of E.On from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th. Finally, Jefferies Financial Group upgraded shares of E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, E.On has a consensus rating of “Moderate Buy”.

E.On Company Profile

E.ON SE is a Germany-based energy company focused primarily on energy networks and customer solutions. The company operates electricity distribution networks and gas networks, helping deliver energy to homes, businesses and other organizations. E.ON also supplies electricity and gas to retail and commercial customers and provides services such as energy management, energy efficiency and electric-vehicle charging. Its operations span several European countries, with a substantial presence in Germany and the United Kingdom.