E.On (OTCMKTS:EONGY) Reaches New 1-Year Low – Here’s Why

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

Analyst Ratings Changes

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

E.On Price Performance

The company has a debt-to-equity ratio of 1.57, a current ratio of 0.87 and a quick ratio of 0.82. The company’s 50-day simple moving average is $12.91 and its 200-day simple moving average is $13.57. The stock has a market capitalization of $30.82 billion, a P/E ratio of 7.94, a price-to-earnings-growth 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.