E.On Se (OTCMKTS:EONGY) Short Interest Update

E.On Se (OTCMKTS:EONGY) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 91,700 shares, a decline of 29.4% from the January 31st total of 129,900 shares. Based on an average daily volume of 408,800 shares, the days-to-cover ratio is presently 0.2 days.

E.On Stock Up 2.8 %

Shares of EONGY traded up $0.36 on Tuesday, hitting $13.30. 100,746 shares of the stock traded hands, compared to its average volume of 324,821. E.On has a one year low of $10.65 and a one year high of $15.41. The company has a market capitalization of $34.74 billion, a PE ratio of 7.19, a P/E/G ratio of 6.32 and a beta of 0.79. The business has a 50 day simple moving average of $11.84 and a 200 day simple moving average of $13.00. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.82 and a current ratio of 0.87.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley upgraded shares of E.On from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 5th.

E.On Company Profile

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.