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RWE (OTCMKTS:RWEOY) Share Price Passes Above 200-Day Moving Average - Time to Sell?

RWE logo with Utilities background

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.
  • MarketBeat previews top five stocks to own in November.

RWE AG (OTCMKTS:RWEOY - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised RWE from a "market perform" rating to an "outperform" rating in a research report on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy".

View Our Latest Stock Analysis on RWE

RWE Trading Up 0.3%

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 business has a 50-day simple moving average of $41.67 and a 200-day simple moving average of $38.93.

About RWE

(Get Free Report)

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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