RWE (OTCMKTS:RWEOY) Stock Price Breaks Above 200 Day Moving Average – What’s Next?

RWE AG (OTCMKTS:RWEOY) shares crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $65.64 and traded as high as $66.15. RWE shares last traded at $65.99, with a volume of 71,932 shares.

Analysts Set New Price Targets

Several brokerages have issued reports on RWEOY. Royal Bank Of Canada reissued an “outperform” rating on shares of RWE in a report on Monday, August 17th. Deutsche Bank reiterated a “buy” rating on shares of RWE in a research report on Monday, August 17th. Zacks Research cut shares of RWE from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 29th. Morgan Stanley reissued an “overweight” rating on shares of RWE in a research report on Thursday, July 23rd. Finally, Citigroup restated a “neutral” rating on shares of RWE in a research note on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, RWE currently has a consensus rating of “Hold”.

RWE Trading Up 1.2%

The company’s 50-day moving average is $66.25 and its 200-day moving average is $65.69. The firm has a market cap of $47.75 billion, a price-to-earnings ratio of 17.47, a P/E/G ratio of 1.15 and a beta of 0.57. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.29 and a current ratio of 1.35.

RWE (OTCMKTS:RWEOY) last announced its earnings results on Wednesday, November 11th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. RWE had a net margin of 21.25% and a return on equity of 5.34%. RWE has set its FY 2026 guidance at 3.395-3.395 EPS. On average, research analysts predict that RWE AG will post 3.80 earnings per share for the current year.

About RWE

RWE AG is a German energy company headquartered in Essen. Founded in 1898 as Rheinisch-Westfälisches Elektrizitätswerk, it has evolved from a regional electricity supplier into an international power-generation and energy-trading business. The company develops and operates renewable energy projects, including offshore and onshore wind farms and solar facilities. Its portfolio also includes flexible generation, such as gas-fired power plants, as well as energy storage and electricity trading activities.