Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Price Crosses Below Fifty Day Moving Average - What's Next?

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.73 and traded as low as $4.44. Vestas Wind Systems A/S shares last traded at $4.49, with a volume of 599,109 shares traded.

Vestas Wind Systems A/S Price Performance

The business's 50-day simple moving average is $4.70 and its 200-day simple moving average is $4.93. The stock has a market cap of $13.24 billion, a PE ratio of 25.71 and a beta of 1.23. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 0.87.

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The energy company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Vestas Wind Systems A/S had a return on equity of 15.79% and a net margin of 2.85%. On average, research analysts expect that Vestas Wind Systems A/S will post 0.27 EPS for the current fiscal year.

Vestas Wind Systems A/S Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, April 10th will be issued a dividend of $0.0158 per share. This is a positive change from Vestas Wind Systems A/S's previous dividend of $0.01. The ex-dividend date of this dividend is Thursday, April 10th. Vestas Wind Systems A/S's dividend payout ratio is presently 5.88%.

About Vestas Wind Systems A/S

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.