RWE (OTCMKTS:RWEOY) Sets New 1-Year High - Should You Buy?

Key Points

• RWE AG shares reached a new 52-week high of $46.74, closing slightly lower at $46.67 with a trading volume of 43,223 shares.
• Analysts have raised RWE's rating from "market perform" to "outperform", with the stock currently holding an average rating of "Buy".
• The company's market capitalization stands at $31.56 billion with strong fundamentals, including a debt-to-equity ratio of 0.41 and a P/E ratio of 12.15.

RWE AG (OTCMKTS:RWEOY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $46.74 and last traded at $46.67, with a volume of 43223 shares traded. The stock had previously closed at $46.09.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised RWE from a "market perform" rating to an "outperform" rating in a report on Thursday, September 4th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy".

RWE Trading Up 1.3%

The business's 50 day simple moving average is $42.13 and its 200-day simple moving average is $40.04. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.21. The stock has a market capitalization of $31.56 billion, a P/E ratio of 12.15 and a beta of 0.70.

About RWE

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.

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