E.On Se (OTCMKTS:EONGY) Short Interest Down 94.3% in May

E.On Se (OTCMKTS:EONGY) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 2,481 shares, a decrease of 94.3% from the May 14th total of 43,602 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 737,414 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EONGY shares. Morgan Stanley restated an “overweight” rating on shares of E.On in a research note on Thursday, May 14th. DZ Bank upgraded E.On from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, E.On has a consensus rating of “Hold”.

E.On Price Performance

Shares of OTCMKTS:EONGY traded up $0.57 during trading on Thursday, reaching $21.38. The company had a trading volume of 204,370 shares, compared to its average volume of 214,647. The company has a fifty day moving average of $21.87 and a two-hundred day moving average of $20.87. The stock has a market capitalization of $55.89 billion, a P/E ratio of 13.97, a price-to-earnings-growth ratio of 4.74 and a beta of 0.71. E.On has a 12 month low of $17.05 and a 12 month high of $23.58. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.32.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The firm had revenue of $25.55 billion during the quarter, compared to analyst estimates of $35.38 billion. E.On had a net margin of 4.58% and a return on equity of 12.71%. Equities research analysts forecast that E.On will post 1.25 earnings per share for the current year.

E.On Company Profile

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON’s business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.