E.On (OTCMKTS:EONGY) Hits New 12-Month High – Still a Buy?

E.On Se (OTCMKTS:EONGY)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $15.48 and last traded at $15.20, with a volume of 231738 shares changing hands. The stock had previously closed at $15.19.

Analysts Set New Price Targets

Separately, Morgan Stanley raised E.On from an “equal weight” rating to an “overweight” rating in a report on Thursday, December 5th.

E.On Price Performance

The stock has a fifty day moving average of $13.18 and a two-hundred day moving average of $13.03. The stock has a market cap of $39.41 billion, a price-to-earnings ratio of 8.16, a price-to-earnings-growth ratio of 6.32 and a beta of 0.71. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57.

About E.On

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.