RWE Aktiengesellschaft (OTCMKTS:RWEOY) Shares Pass Below 50-Day Moving Average – Time to Sell?

RWE Aktiengesellschaft (OTCMKTS:RWEOY)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $35.33 and traded as low as $33.07. RWE Aktiengesellschaft shares last traded at $33.21, with a volume of 77,860 shares traded.

Wall Street Analysts Forecast Growth

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

RWE Aktiengesellschaft Stock Performance

The company’s 50-day moving average price is $35.33 and its 200-day moving average price is $35.70. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.63 and a current ratio of 1.74.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last released its 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 company had revenue of $4.95 billion for the quarter. RWE Aktiengesellschaft had a net margin of 14.01% and a return on equity of 9.53%. As a group, analysts predict that RWE Aktiengesellschaft will post 3.25 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.