Wartsila (OTCMKTS:WRTBY) Reaches New 12-Month Low - Should You Sell?

Key Points

• Wärtsilä shares fell 7.7%, reaching a new 52-week low of $5.80 before last trading at $5.81, below its 50-day and 200-day moving averages.
• Analyst sentiment remains cautious: the stock has a consensus rating of “Reduce”, with three Sell, two Hold and two Buy ratings.
• The company reported quarterly EPS of $0.07, with a 9.77% net margin and 25.56% return on equity; analysts expect full-year EPS of $0.24.

Shares of Wartsila (OTCMKTS:WRTBY - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $5.80 and last traded at $5.81, with a volume of 3,247 shares trading hands. The stock had previously closed at $6.05.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WRTBY. Citigroup restated a "sell" rating on shares of Wartsila in a research report on Monday, July 27th. Oddo Bhf started coverage on shares of Wartsila in a research report on Tuesday, July 7th. They issued a "neutral" rating for the company. Deutsche Bank Aktiengesellschaft raised shares of Wartsila from a "hold" rating to a "buy" rating in a research note on Wednesday, October 21st. Finally, The Goldman Sachs Group upgraded Wartsila from a "hold" rating to a "buy" rating in a research report on Tuesday, October 6th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce".

Wartsila Trading Down 7.7%

The company has a debt-to-equity ratio of 0.10, a current ratio of 1.24 and a quick ratio of 0.89. The firm has a market capitalization of $17.40 billion, a PE ratio of 22.62 and a beta of 1.16. The company's fifty day simple moving average is $6.60 and its 200-day simple moving average is $7.50.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last released its earnings results on Tuesday, October 27th. The company reported $0.07 EPS for the quarter. Wartsila had a net margin of 9.77% and a return on equity of 25.56%. As a group, sell-side analysts expect that Wartsila will post 0.24 earnings per share for the current fiscal year.

Wartsila Company Profile

Wärtsilä Oyj Abp is a Finland-based technology company that provides solutions for the marine and energy industries. The company develops and supplies engines, power-generation systems, energy storage solutions, and related equipment designed to support reliable, efficient and increasingly flexible energy production.

In its Marine business, Wärtsilä provides propulsion systems, engines, hybrid and electric solutions, ship design services, onboard equipment and digital technologies for commercial vessels, cruise ships, ferries and other marine applications.

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