E.On Se (OTCMKTS:EONGY) Sees Significant Decrease in Short Interest

E.On Se (OTCMKTS:EONGY - Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 41,400 shares, a decline of 50.2% from the March 31st total of 83,100 shares. Based on an average daily volume of 499,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. UBS Group downgraded E.On from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. DZ Bank cut shares of E.On from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 23rd.

E.On Trading Down 0.3 %

Shares of OTCMKTS EONGY traded down $0.05 during trading hours on Friday, reaching $17.45. The stock had a trading volume of 79,410 shares, compared to its average volume of 245,351. E.On has a 52-week low of $10.65 and a 52-week high of $17.92. The firm has a market cap of $45.57 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 6.32 and a beta of 0.71. The business's fifty day moving average price is $15.24 and its two-hundred day moving average price is $13.34. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.57.

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.