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Wartsila (OTCMKTS:WRTBY) Shares Gap Up - Time to Buy?

Wartsila logo with Industrials background

Wartsila (OTCMKTS:WRTBY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $4.33, but opened at $4.61. Wartsila shares last traded at $4.61, with a volume of 346 shares.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WRTBY. Kepler Capital Markets upgraded Wartsila from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 15th. Pareto Securities cut Wartsila from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 26th.

Read Our Latest Stock Analysis on Wartsila

Wartsila Stock Performance

The firm has a market capitalization of $13.78 billion, a price-to-earnings ratio of 24.63 and a beta of 1.10. The company has a fifty day moving average of $4.00 and a two-hundred day moving average of $3.83. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.80 and a current ratio of 1.17.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last released 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 during the quarter, compared to analysts' expectations of $1.66 billion. Wartsila had a return on equity of 22.57% and a net margin of 8.09%. As a group, equities research analysts predict 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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