Wartsila (OTCMKTS:WRTBY - Get Free Report) issued its earnings results on Friday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. Wartsila had a return on equity of 23.22% and a net margin of 8.19%. The business had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.96 billion.
Wartsila Stock Performance
Shares of OTCMKTS:WRTBY traded up $0.48 on Monday, hitting $5.50. The company's stock had a trading volume of 119 shares, compared to its average volume of 8,035. Wartsila has a 12 month low of $2.78 and a 12 month high of $5.50. The company has a market capitalization of $16.27 billion, a price-to-earnings ratio of 27.50 and a beta of 1.13. The stock's 50-day moving average is $4.41 and its two-hundred day moving average is $3.98. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.80 and a current ratio of 1.17.
Analyst Ratings Changes
A number of equities analysts have issued reports on WRTBY shares. Kepler Capital Markets lowered Wartsila from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 11th. Pareto Securities lowered Wartsila from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 26th.
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Wartsila Company Profile
(
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Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.
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