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Wartsila (OTCMKTS:WRTBY) Reaches New 52-Week High - Time to Buy?

Wartsila logo with Industrials background

Wartsila (OTCMKTS:WRTBY - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $5.68 and last traded at $5.68, with a volume of 31522 shares trading hands. The stock had previously closed at $5.31.

Analysts Set New Price Targets

WRTBY has been the topic of several recent research reports. Pareto Securities lowered Wartsila from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 26th. Kepler Capital Markets lowered shares of Wartsila from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 11th.

View Our Latest Stock Analysis on Wartsila

Wartsila Stock Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.17 and a quick ratio of 0.80. The stock has a market cap of $16.88 billion, a P/E ratio of 28.53 and a beta of 1.13. The company has a 50 day simple moving average of $4.50 and a 200-day simple moving average of $4.02.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings results on Friday, July 18th. The company reported $0.05 EPS for the quarter. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.96 billion. Wartsila had a net margin of 8.19% and a return on equity of 23.22%. On average, equities analysts expect that Wartsila will post 0.18 earnings per share for the current fiscal year.

About Wartsila

(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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