E.On Se (OTCMKTS:EONGY) Short Interest Down 29.4% in February

E.On Se (OTCMKTS:EONGY) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 91,700 shares, a drop of 29.4% from the January 31st total of 129,900 shares. Based on an average daily volume of 408,800 shares, the days-to-cover ratio is presently 0.2 days.

E.On Trading Up 2.6 %

EONGY stock traded up $0.34 during mid-day trading on Wednesday, reaching $13.28. The company had a trading volume of 100,746 shares, compared to its average volume of 324,821. The firm has a 50 day moving average of $11.88 and a 200 day moving average of $13.00. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.87 and a quick ratio of 0.82. E.On has a 12 month low of $10.65 and a 12 month high of $15.41. The company has a market capitalization of $34.68 billion, a PE ratio of 7.18, a price-to-earnings-growth ratio of 6.32 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised shares of E.On from an “equal weight” rating to an “overweight” rating in a research note on Thursday, December 5th.

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.