RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Update

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the recipient of a large decline in short interest in 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. Based on an average daily trading volume, of 329,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

RWE Aktiengesellschaft Stock Down 0.7 %

Shares of RWEOY traded down $0.26 during trading on Monday, reaching $37.32. The company’s stock had a trading volume of 55,151 shares, compared to its average volume of 136,456. RWE Aktiengesellschaft has a twelve month low of $28.68 and a twelve month high of $39.29. The company has a quick ratio of 1.42, a current ratio of 1.55 and a debt-to-equity ratio of 0.45. The company has a market cap of $25.24 billion, a price-to-earnings ratio of 9.06 and a beta of 0.77. The company has a fifty day moving average of $33.40 and a two-hundred day moving average of $32.51.

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

Wall Street Analyst Weigh In

Separately, Morgan Stanley restated an “overweight” rating on shares of RWE Aktiengesellschaft in a research note 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.