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Wartsila (OTCMKTS:WRTBY) Hits New 12-Month High - Here's Why

Wartsila logo with Industrials background

Shares of Wartsila (OTCMKTS:WRTBY - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $5.00 and last traded at $5.00, with a volume of 4003 shares. The stock had previously closed at $4.69.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WRTBY shares. Kepler Capital Markets upgraded shares of Wartsila from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 15th. Pareto Securities lowered shares of Wartsila from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 26th.

Get Our Latest Stock Analysis on Wartsila

Wartsila Price Performance

The firm has a market capitalization of $14.21 billion, a PE ratio of 25.28 and a beta of 1.13. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.80 and a current ratio of 1.17. The business's 50 day moving average is $4.29 and its two-hundred day moving average is $3.92.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The company reported $0.04 earnings per share for the quarter. Wartsila had a net margin of 8.09% and a return on equity of 22.57%. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.66 billion. Equities research analysts anticipate that Wartsila will post 0.18 earnings per share for the current fiscal year.

Wartsila Company Profile

(Get Free Report)

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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