Wartsila (OTCMKTS:WRTBY) Shares Down 5.6% - Should You Sell?

Key Points

• Wärtsilä shares fell 5.6% to $7.4275 on Thursday on very light trading (417 shares, about a 96% drop vs. average volume).
• Analysts are broadly negative—three Sell and two Hold ratings—giving an average rating of "Strong Sell" after recent downgrades from firms including Citigroup and Pareto.
• The company posted Q results with EPS $0.07 and revenue of $2.33B (below $2.42B expectations); market cap is about $22.4B and P/E roughly 32.9, with 50-/200-day moving averages at $8.04 and $7.14.

Wartsila (OTCMKTS:WRTBY - Get Free Report) shares traded down 5.6% on Thursday . The stock traded as low as $7.4275 and last traded at $7.4275. 417 shares were traded during trading, a decline of 96% from the average session volume of 11,479 shares. The stock had previously closed at $7.87.

Wall Street Analyst Weigh In

A number of brokerages have commented on WRTBY. Citigroup reissued a "sell" rating on shares of Wartsila in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Wartsila in a research report on Thursday, February 5th. Barclays reiterated an "underweight" rating on shares of Wartsila in a research note on Wednesday, December 3rd. Finally, Pareto Securities downgraded Wartsila from a "hold" rating to a "sell" rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Wartsila presently has an average rating of "Strong Sell".

Wartsila Stock Performance

The company's 50-day moving average is $8.04 and its two-hundred day moving average is $7.14. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.11. The company has a market cap of $22.39 billion, a P/E ratio of 32.90 and a beta of 1.21.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.07 EPS for the quarter. The company had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.42 billion. Wartsila had a net margin of 9.08% and a return on equity of 24.14%. Equities analysts predict that Wartsila will post 0.18 EPS for the current year.

Wartsila Company Profile

Wärtsilä OTCMKTS: WRTBY is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company's Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.

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