RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Free Report) 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.
Read Our Latest Stock Report on RWEOY
RWE Aktiengesellschaft Stock Down 0.7 %
RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Free Report) 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.
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