RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Large Increase in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the October 15th total of 100 shares. Based on an average daily volume of 130,700 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded RWE Aktiengesellschaft to a “strong-buy” rating in a report on Monday, September 30th.

RWE Aktiengesellschaft Stock Down 2.1 %

Shares of RWEOY traded down $0.70 on Tuesday, hitting $31.89. 163,860 shares of the stock traded hands, compared to its average volume of 75,184. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.74 and a quick ratio of 1.63. RWE Aktiengesellschaft has a one year low of $30.14 and a one year high of $46.13. The business has a 50 day simple moving average of $34.67 and a 200 day simple moving average of $35.59.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last issued its quarterly earnings results on Wednesday, August 14th. The utilities provider reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.13. The firm had revenue of $4.95 billion during the quarter. RWE Aktiengesellschaft had a return on equity of 9.53% and a net margin of 14.01%. On average, equities analysts forecast that RWE Aktiengesellschaft will post 3.45 EPS for the current 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.