Short Interest in RWE Aktiengesellschaft (OTCMKTS:RWEOY) Drops By 81.7%

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 16,000 shares, a drop of 81.7% from the March 15th total of 87,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 329,200 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of RWE Aktiengesellschaft in a research note on Monday, March 24th.

RWE Aktiengesellschaft Price Performance

Shares of OTCMKTS RWEOY traded down $0.26 on Monday, hitting $37.32. The company’s stock had a trading volume of 55,151 shares, compared to its average volume of 136,456. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 1.42. The stock has a 50 day moving average of $33.40 and a 200-day moving average of $32.51. RWE Aktiengesellschaft has a 12-month low of $28.68 and a 12-month high of $39.29. The company has a market capitalization of $25.24 billion, a price-to-earnings ratio of 9.06 and a beta of 0.77.

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 return on equity of 8.16% and a net margin of 12.03%. The business had revenue of $8.82 billion for the quarter, compared to the consensus estimate of $18.09 billion. As a group, research analysts predict that RWE Aktiengesellschaft will post 3.18 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.