RWE Aktiengesellschaft (OTCMKTS:RWEOY) Stock Price Crosses Below Fifty Day Moving Average of $43.13

RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Rating)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $43.13 and traded as low as $40.02. RWE Aktiengesellschaft shares last traded at $40.38, with a volume of 84,159 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on RWEOY shares. JPMorgan Chase & Co. decreased their target price on shares of RWE Aktiengesellschaft from €60.00 ($64.52) to €59.00 ($63.44) and set an “overweight” rating on the stock in a research note on Friday, December 9th. Credit Suisse Group raised their price objective on shares of RWE Aktiengesellschaft from €49.00 ($52.69) to €50.50 ($54.30) and gave the company an “outperform” rating in a research report on Tuesday, December 6th. Finally, Berenberg Bank decreased their price objective on shares of RWE Aktiengesellschaft from €55.00 ($59.14) to €53.00 ($56.99) and set a “buy” rating on the stock in a research report on Tuesday, November 22nd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, RWE Aktiengesellschaft has an average rating of “Buy” and an average price target of $51.63.

RWE Aktiengesellschaft Stock Down 2.0 %

The stock has a market capitalization of $27.31 billion, a P/E ratio of 9.65, a P/E/G ratio of 7.33 and a beta of 0.85. The company’s 50-day moving average price is $43.13 and its 200 day moving average price is $41.59. The company has a debt-to-equity ratio of 51.17, a quick ratio of 0.88 and a current ratio of 0.93.

RWE Aktiengesellschaft Company Profile

(Get Rating)

RWE AG is a holding company, which engages in the generation, transmission, distribution, and trading of electricity and gas. It operates through the following segments: Offshore Wind; Onshore Wind and Solar; Hydro, Biomass, and Gas; Supply and Trading; and Coal and Nuclear. The Offshore Wind segment consists of the offshore wind business.