RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Up 696.4% in March

RWE Aktiengesellschaft (OTCMKTS:RWEOY) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 87,600 shares, a growth of 696.4% from the February 28th total of 11,000 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 127,900 shares, the short-interest ratio is presently 0.7 days.

RWE Aktiengesellschaft Stock Up 0.1 %

Shares of RWEOY stock traded up $0.02 during trading hours on Wednesday, reaching $35.39. The company had a trading volume of 72,391 shares, compared to its average volume of 133,944. The company has a market capitalization of $23.93 billion, a P/E ratio of 8.59 and a beta of 0.99. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.42 and a current ratio of 1.55. RWE Aktiengesellschaft has a twelve month low of $28.68 and a twelve month high of $39.29. The stock’s fifty day simple moving average is $31.75 and its 200 day simple moving average is $32.50.

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

Analysts Set New Price Targets

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

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.