UBS Group Downgrades E.On (OTCMKTS:EONGY) to Hold

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

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

E.On Stock Up 0.3 %

EONGY opened at $17.50 on Tuesday. The business has a 50 day moving average price of $15.14 and a two-hundred day moving average price of $13.32. 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 market cap of $45.70 billion, a PE ratio of 9.46, a P/E/G ratio of 6.32 and a beta of 0.71. E.On has a 52 week low of $10.65 and a 52 week high of $17.92.

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.