RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Down 81.7% in March

RWE Aktiengesellschaft (OTCMKTS:RWEOY - Get Free Report) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 16,000 shares, a decline of 81.7% from the March 15th total of 87,600 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 329,200 shares, the short-interest ratio is presently 0.0 days.

RWE Aktiengesellschaft Trading Up 0.9 %

RWEOY stock traded up $0.33 during mid-day trading on Friday, hitting $38.90. 26,338 shares of the company were exchanged, compared to its average volume of 132,103. RWE Aktiengesellschaft has a 12-month low of $28.68 and a 12-month high of $39.29. The firm has a market capitalization of $26.30 billion, a P/E ratio of 9.44 and a beta of 0.77. The business has a fifty day simple moving average of $34.04 and a 200-day simple moving average of $32.61. The company has a quick ratio of 1.42, a current ratio of 1.55 and a debt-to-equity ratio of 0.45.

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

Wall Street Analysts Forecast Growth

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

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.