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

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

Wall Street Analyst Weigh In

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

E.On Stock Performance

The firm has a 50 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 PE ratio of 8.05, a PEG ratio of 6.36 and a beta of 0.78. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.87 and a quick ratio of 0.82.

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.