E.On (OTCMKTS:EONGY) Reaches New 52-Week Low – Should You Sell?

E.On Se (OTCMKTS:EONGY)’s stock price 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 trading hands. The stock had previously closed at $11.59.

Wall Street Analysts Forecast Growth

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

E.On Trading Down 6.8 %

The company has a debt-to-equity ratio of 1.57, a current ratio of 0.87 and a quick ratio of 0.82. The company has a market cap of $28.21 billion, a price-to-earnings ratio of 8.05, a price-to-earnings-growth ratio of 6.36 and a beta of 0.78. The business’s fifty day moving average price is $12.27 and its 200 day moving average price is $13.40.

E.On Company Profile

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.