Wartsila (OTCMKTS:WRTBY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Wartsila (OTCMKTS:WRTBY) experienced a significant trading volume spike, with approximately 19,218 shares traded, reflecting a 157% increase from the previous session.
• Analysts have recently downgraded Wartsila's ratings, with Kepler Capital Markets moving from a "strong-buy" to a "hold" and Citigroup from "hold" to "sell," leading to a consensus rating of "Reduce."
• The company reported $0.05 earnings per share in its latest quarterly results, slightly below the consensus estimate of $1.96 billion in revenue, with expectations of a full-year EPS of 0.18.

Wartsila (OTCMKTS:WRTBY - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 19,218 shares changed hands during trading, an increase of 157% from the previous session's volume of 7,471 shares.The stock last traded at $6.10 and had previously closed at $6.24.

Wall Street Analyst Weigh In

WRTBY has been the subject of several analyst reports. Kepler Capital Markets lowered Wartsila from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 11th. Citigroup lowered Wartsila from a "hold" rating to a "sell" rating in a research report on Thursday, September 4th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Wartsila has a consensus rating of "Reduce".

Wartsila Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.84 and a current ratio of 1.22. The company has a 50-day moving average of $5.51 and a 200-day moving average of $4.48. The firm has a market capitalization of $18.05 billion, a price-to-earnings ratio of 30.50 and a beta of 1.20.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last released its quarterly earnings results on Friday, July 18th. The company reported $0.05 earnings per share for the quarter. Wartsila had a return on equity of 22.76% and a net margin of 8.19%.The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.96 billion. As a group, research analysts anticipate that Wartsila will post 0.18 EPS for the current fiscal year.

About Wartsila

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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