RWE (OTCMKTS:RWEOY) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• RWE AG's stock crossed above its 200-day moving average during trading, with a high of $42.09 and last trading at $41.85.
• Analyst ratings for RWE have improved, with Sanford C. Bernstein upgrading the stock to "outperform" and a consensus rating of "Buy" among analysts.
• The company boasts a market cap of $28.30 billion and has key ratios indicating a relatively stable financial position, such as a debt-to-equity ratio of 0.41.

RWE AG (OTCMKTS:RWEOY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $38.66 and traded as high as $42.09. RWE shares last traded at $41.85, with a volume of 24,379 shares trading hands.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of RWE from a "market perform" rating to an "outperform" rating in a report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company's stock. Based on data from MarketBeat, RWE currently has an average rating of "Buy".

RWE Stock Down 0.6%

The company has a quick ratio of 1.21, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The company has a market cap of $28.30 billion, a price-to-earnings ratio of 10.90 and a beta of 0.69. The stock has a fifty day moving average price of $41.71 and a two-hundred day moving average price of $38.66.

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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