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Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Down - Here's What Happened

Vestas Wind Systems AS logo with Industrial Products background

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $5.50, but opened at $5.37. Vestas Wind Systems AS shares last traded at $5.37, with a volume of 10,802 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on VWDRY shares. Berenberg Bank upgraded Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Citigroup reiterated a "buy" rating on shares of Vestas Wind Systems AS in a research note on Wednesday, May 21st.

Check Out Our Latest Stock Analysis on Vestas Wind Systems AS

Vestas Wind Systems AS Stock Performance

The company has a market capitalization of $15.91 billion, a PE ratio of 26.25, a price-to-earnings-growth ratio of 0.65 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.60 and a debt-to-equity ratio of 0.92. The business's fifty day moving average is $5.01 and its two-hundred day moving average is $4.76.

About Vestas Wind Systems AS

(Get Free Report)

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.

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