Barclays upgraded shares of E.On (OTCMKTS:EONGY – Free Report) to a strong-buy rating in a report issued on Friday morning, Zacks.com reports.
E.On Stock Down 1.0 %
EONGY opened at $14.95 on Friday. The business has a 50 day moving average price of $14.22 and a two-hundred day moving average price of $13.77. E.On has a 52 week low of $11.07 and a 52 week high of $15.41. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 1.49.
E.On (OTCMKTS:EONGY – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The utilities provider reported $0.29 EPS for the quarter. E.On had a return on equity of 8.31% and a net margin of 2.18%. The business had revenue of $18.17 billion during the quarter. On average, equities research analysts predict that E.On will post 1.23 EPS for the current fiscal year.
About E.On
E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.
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