E.On (OTCMKTS:EONGY) Reaches New 1-Year Low – Time to Sell?

Shares of E.On Se (OTCMKTS:EONGY) hit a new 52-week low during trading on Friday . The stock traded as low as $10.78 and last traded at $10.80, with a volume of 142947 shares changing hands. The stock had previously closed at $11.59.

Analyst Ratings Changes

Several research firms have issued reports on EONGY. Barclays upgraded shares of E.On to a “strong-buy” rating in a report on Friday, September 27th. Morgan Stanley raised shares of E.On from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 5th.

E.On Stock Performance

The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 1.57. The company has a 50-day moving average price of $12.27 and a two-hundred day moving average price of $13.40. The stock has a market capitalization of $28.21 billion, a P/E ratio of 8.05, a price-to-earnings-growth ratio of 6.36 and a beta of 0.78.

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.