RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Down 99.5% in October

RWE Aktiengesellschaft (OTCMKTS:RWEOY) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 100 shares, a drop of 99.5% from the September 30th total of 19,100 shares. Based on an average daily volume of 81,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Barclays raised RWE Aktiengesellschaft to a “strong-buy” rating in a research note on Monday, September 30th.

RWE Aktiengesellschaft Stock Down 0.7 %

Shares of RWEOY stock traded down $0.23 during trading on Friday, hitting $32.98. 79,405 shares of the company were exchanged, compared to its average volume of 68,944. The business’s 50-day simple moving average is $35.32 and its 200 day simple moving average is $35.68. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.63 and a current ratio of 1.74. RWE Aktiengesellschaft has a twelve month low of $32.68 and a twelve month high of $46.13. The firm has a market capitalization of $22.30 billion, a price-to-earnings ratio of 12.63 and a beta of 0.89.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last posted its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $1.13. The business had revenue of $4.95 billion during the quarter. RWE Aktiengesellschaft had a net margin of 14.01% and a return on equity of 9.53%. As a group, analysts forecast that RWE Aktiengesellschaft will post 3.25 EPS for the current fiscal year.

RWE Aktiengesellschaft Company Profile

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.