Short Interest in E.On Se (OTCMKTS:EONGY) Rises By 112.1%

E.On Se (OTCMKTS:EONGY - Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 19,300 shares, an increase of 112.1% from the December 15th total of 9,100 shares. Based on an average trading volume of 575,900 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

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

E.On Stock Up 0.8 %

Shares of OTCMKTS:EONGY traded up $0.09 during midday trading on Tuesday, reaching $10.89. The company's stock had a trading volume of 436,036 shares, compared to its average volume of 257,280. E.On has a 12-month low of $10.65 and a 12-month high of $15.41. The firm has a market capitalization of $28.44 billion, a P/E ratio of 8.05, a PEG ratio of 6.36 and a beta of 0.78. The firm has a 50 day moving average of $12.22 and a 200-day moving average of $13.38. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57.

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.

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