E.On (OTCMKTS:EONGY) Stock Rating Lowered by UBS Group

E.On (OTCMKTS:EONGY) was downgraded by analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, DZ Bank downgraded shares of E.On from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 23rd.

E.On Stock Performance

Shares of EONGY stock opened at $17.45 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57. The company has a 50 day moving average price of $15.04 and a 200-day moving average price of $13.29. E.On has a 52 week low of $10.65 and a 52 week high of $17.92. The firm has a market capitalization of $45.57 billion, a PE ratio of 9.43, a P/E/G ratio of 6.32 and a beta of 0.71.

E.On Company Profile

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.