Wartsila (OTCMKTS:WRTBY) Shares Gap Down - Here's Why

Wartsila (OTCMKTS:WRTBY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $4.80, but opened at $4.35. Wartsila shares last traded at $4.58, with a volume of 8,651 shares.

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 research report on Wednesday, March 26th. Kepler Capital Markets lowered Wartsila from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 11th.

Wartsila Stock Performance

The firm has a fifty day moving average price of $4.35 and a two-hundred day moving average price of $3.95. The stock has a market capitalization of $14.86 billion, a PE ratio of 26.44 and a beta of 1.13. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.17 and a quick ratio of 0.80.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.66 billion. Wartsila had a return on equity of 22.57% and a net margin of 8.09%. Research analysts expect that Wartsila will post 0.18 EPS for the current 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.