RWE Aktiengesellschaft (OTCMKTS:RWEOY) Shares Pass Below 50 Day Moving Average – Should You Sell?

RWE Aktiengesellschaft (OTCMKTS:RWEOY) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $36.72 and traded as low as $35.75. RWE Aktiengesellschaft shares last traded at $36.01, with a volume of 25,341 shares trading hands.

Wall Street Analyst Weigh In

Separately, Morgan Stanley restated an “overweight” rating on shares of RWE Aktiengesellschaft in a research note on Monday, March 24th.

RWE Aktiengesellschaft Stock Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.42 and a current ratio of 1.55. The company has a market cap of $24.35 billion, a P/E ratio of 8.74 and a beta of 0.74. The firm has a 50 day moving average price of $36.72 and a 200-day moving average price of $33.13.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last posted its earnings results on Thursday, May 15th. The utilities provider reported $0.72 earnings per share for the quarter. RWE Aktiengesellschaft had a return on equity of 8.16% and a net margin of 12.03%. The firm had revenue of $6.72 billion during the quarter. On average, research analysts predict that RWE Aktiengesellschaft will post 3.18 EPS for the current year.

RWE Aktiengesellschaft Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 16th. Investors of record on Tuesday, May 6th were issued a dividend of $0.8535 per share. This is an increase from RWE Aktiengesellschaft’s previous dividend of $0.76. This represents a dividend yield of 2.19%. The ex-dividend date was Monday, May 5th. RWE Aktiengesellschaft’s dividend payout ratio is currently 11.62%.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.