RWE (OTCMKTS:RWEOY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Unusually high trading volume: RWEOY saw 326,170 shares trade on Thursday, a 201% increase from the prior session, with the stock last around $68.81 versus a $68.26 close.
• Mixed analyst views but low consensus target: Analysts' ratings range from Strong Buy to Hold and the consensus is a "Moderate Buy," yet the average target price is only $53.30, well below the current share price.
• Quarterly beat and solid fundamentals: RWE reported EPS of $0.84 versus $0.59 expected and matched revenue of $18.29B; the company has a market cap near $50B, a P/E of 14.1 and an expanding renewables business.

RWE AG (OTCMKTS:RWEOY - Get Free Report) shares saw strong trading volume on Thursday . 326,170 shares changed hands during mid-day trading, an increase of 201% from the previous session's volume of 108,447 shares.The stock last traded at $68.8060 and had previously closed at $68.26.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Kepler Capital Markets raised shares of RWE from a "strong sell" rating to a "hold" rating in a report on Monday, March 16th. Sanford C. Bernstein downgraded shares of RWE from an "outperform" rating to a "hold" rating in a report on Friday, February 13th. Zacks Research raised shares of RWE from a "hold" rating to a "strong-buy" rating in a report on Monday, March 9th. Finally, Citigroup reaffirmed a "neutral" rating on shares of RWE in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $53.30.

RWE Stock Performance

The stock's fifty day moving average is $63.96 and its two-hundred day moving average is $55.75. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.21 and a current ratio of 1.30. The firm has a market cap of $49.94 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 1.99 and a beta of 0.64.

RWE (OTCMKTS:RWEOY - Get Free Report) last announced its earnings results on Thursday, March 12th. The utilities provider reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.25. The firm had revenue of $18.29 billion for the quarter, compared to the consensus estimate of $18.29 billion. RWE had a return on equity of 4.96% and a net margin of 17.96%. On average, analysts expect that RWE AG will post 3.18 earnings per share for the current fiscal year.

RWE Company Profile

RWE AG, traded in the U.S. as OTCMKTS:RWEOY, is a leading European energy company headquartered in Essen, Germany. The firm operates as an integrated utility, encompassing power generation, supply, trading and renewable energy development. Its diversified portfolio spans conventional assets—such as gas- and coal-fired power plants—and an expanding array of wind, solar and battery-storage projects managed through its RWE Renewables division.

In its conventional business, RWE Generation produces baseload and peak‐load electricity to meet industrial and consumer demand across Germany, the Netherlands and the UK.

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