RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Large Growth in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY - Get Free Report) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 87,600 shares, a growth of 696.4% from the February 28th total of 11,000 shares. Based on an average trading volume of 127,900 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Morgan Stanley reissued an "overweight" rating on shares of RWE Aktiengesellschaft in a research note on Monday, March 24th.

RWE Aktiengesellschaft Trading Up 0.6 %

RWE Aktiengesellschaft stock traded up $0.21 during mid-day trading on Friday, reaching $35.94. 47,386 shares of the company traded hands, compared to its average volume of 130,705. The firm's 50 day moving average price is $32.09 and its 200 day moving average price is $32.49. RWE Aktiengesellschaft has a 52-week low of $28.68 and a 52-week high of $39.29. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 1.42. The firm has a market capitalization of $24.30 billion, a price-to-earnings ratio of 8.72 and a beta of 0.99.

RWE Aktiengesellschaft (OTCMKTS:RWEOY - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.15. RWE Aktiengesellschaft had a net margin of 12.03% and a return on equity of 8.16%. The company had revenue of $8.82 billion during the quarter, compared to the consensus estimate of $18.09 billion. On average, analysts anticipate that RWE Aktiengesellschaft will post 3.18 earnings per share for the current fiscal year.

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About RWE Aktiengesellschaft

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.