E.On Se (OTCMKTS:EONGY) Short Interest Up 89.3% in January

E.On Se (OTCMKTS:EONGY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 83,607 shares, a growth of 89.3% from the December 31st total of 44,164 shares. Based on an average daily volume of 233,709 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 233,709 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Several research firms recently commented on EONGY. Citigroup reissued a “neutral” rating on shares of E.On in a report on Wednesday, December 3rd. Wall Street Zen lowered shares of E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Finally, Zacks Research upgraded E.On from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

E.On Trading Down 0.6%

E.On stock opened at $21.18 on Friday. The firm’s 50 day moving average price is $19.01 and its two-hundred day moving average price is $18.66. The firm has a market cap of $55.63 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 6.14 and a beta of 0.81. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.79 and a current ratio of 0.85. E.On has a 1 year low of $11.53 and a 1 year high of $21.60.

E.On (OTCMKTS:EONGY) last released its quarterly earnings results on Wednesday, November 12th. The utilities provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). E.On had a net margin of 3.61% and a return on equity of 11.86%. The company had revenue of $18.51 billion during the quarter, compared to analyst estimates of $21.43 billion. On average, research analysts predict that E.On will post 1.16 EPS for the current fiscal year.

About E.On

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON’s business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.