Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Unusually-High Trading Volume - Here's Why

Key Points

• Shares of Vestas Wind Systems AS saw unusually-high trading volume Monday — about 403,966 shares, up 71% from the prior session — with the stock trading at $10.075 (previous close $9.89).
• Analyst sentiment is mixed but leans positive: two Strong Buy, one Buy, four Hold and one Sell, giving a consensus rating of Moderate Buy.
• In the latest quarter Vestas reported EPS of $0.17 (in line with estimates) and a revenue beat of $7.40 billion versus $6.41 billion expected; the company has a market cap of about $30.4 billion and a P/E of 33.47.

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) saw unusually-high trading volume on Monday . Approximately 403,966 shares traded hands during mid-day trading, an increase of 71% from the previous session's volume of 236,387 shares.The stock last traded at $10.0750 and had previously closed at $9.89.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VWDRY shares. Kepler Capital Markets downgraded shares of Vestas Wind Systems AS from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 9th. Rothschild & Co Redburn raised shares of Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vestas Wind Systems AS currently has a consensus rating of "Moderate Buy".

Vestas Wind Systems AS Trading Up 1.5%

The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 0.67. The stock has a market cap of $30.42 billion, a P/E ratio of 33.47, a price-to-earnings-growth ratio of 1.52 and a beta of 1.01. The business's fifty day simple moving average is $9.05 and its 200 day simple moving average is $8.65.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last announced its earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.17. The company had revenue of $7.40 billion for the quarter, compared to analyst estimates of $6.41 billion. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. As a group, analysts expect that Vestas Wind Systems AS will post 0.41 EPS for the current year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S OTCMKTS: VWDRY is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project's lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas' product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.

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