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

E.On Se (OTCMKTS:EONGY) was the target of 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. Based on an average daily volume of 384,327 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the shares of the stock are sold short.

E.On Trading Up 0.1%

Shares of E.On stock traded up $0.02 during trading on Tuesday, reaching $21.65. The company’s stock had a trading volume of 980,511 shares, compared to its average volume of 220,224. E.On has a 52-week low of $17.38 and a 52-week high of $23.58. The company has a market cap of $56.60 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 4.94 and a beta of 0.67. The firm’s 50-day moving average is $20.12 and its two-hundred day moving average is $21.23. The company has a quick ratio of 0.90, a current ratio of 0.96 and a debt-to-equity ratio of 1.38.

E.On (OTCMKTS:EONGY) last issued its earnings results on Wednesday, August 12th. The utilities provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.10). The business had revenue of $18.89 billion during the quarter, compared to analysts’ expectations of $40.44 billion. E.On had a return on equity of 11.35% and a net margin of 4.49%. On average, sell-side analysts anticipate that E.On will post 1.23 earnings per share for the current year.

Analyst Ratings Changes

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

About E.On

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.