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

Shares of E.On Se (OTCMKTS:EONGY) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $11.70 and last traded at $11.92, with a volume of 218328 shares traded. The stock had previously closed at $12.31.

Wall Street Analysts Forecast Growth

EONGY has been the topic of a number of recent analyst reports. Morgan Stanley raised shares of E.On from an “equal weight” rating to an “overweight” rating in a research report on Thursday, December 5th. Barclays upgraded E.On to a “strong-buy” rating in a research note on Friday, September 27th.

E.On Trading Down 3.2 %

The company has a 50 day simple moving average of $13.15 and a 200 day simple moving average of $13.64. The company has a market capitalization of $31.48 billion, a PE ratio of 8.57, a price-to-earnings-growth ratio of 6.36 and a beta of 0.77. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.82 and a current ratio of 0.87.

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.