E.On Se (OTCMKTS:EONGY) Short Interest Up 202.1% in May

E.On Se (OTCMKTS:EONGY - Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 131,400 shares, a growth of 202.1% from the April 30th total of 43,500 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 1,513,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

EONGY has been the subject of several research analyst reports. UBS Group downgraded shares of E.On from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 29th. Morgan Stanley reaffirmed an "overweight" rating on shares of E.On in a report on Thursday, May 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of E.On in a report on Thursday, May 15th. Oddo Bhf lowered shares of E.On to a "neutral" rating in a report on Thursday, May 15th. Finally, Citigroup raised shares of E.On to a "hold" rating in a report on Wednesday. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

E.On Stock Performance

Shares of OTCMKTS EONGY traded down $0.04 during midday trading on Friday, hitting $17.63. The company's stock had a trading volume of 96,398 shares, compared to its average volume of 353,946. The firm's fifty day moving average price is $16.77 and its 200-day moving average price is $13.90. The firm has a market cap of $46.04 billion, a P/E ratio of 9.69, a P/E/G ratio of 6.32 and a beta of 0.80. E.On has a 1-year low of $10.65 and a 1-year high of $18.11. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.82 and a current ratio of 0.87.

E.On (OTCMKTS:EONGY - Get Free Report) last released its earnings results on Wednesday, May 14th. The utilities provider reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.02. E.On had a net margin of 2.20% and a return on equity of 7.45%. The business had revenue of $28.28 billion for the quarter. On average, sell-side analysts forecast that E.On will post 1.16 EPS for the current fiscal year.

E.On Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 20th were issued a dividend of $0.4256 per share. The ex-dividend date was Monday, May 19th. This represents a dividend yield of 2.48%. E.On's dividend payout ratio is currently 24.73%.

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.