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Wartsila (OTCMKTS:WRTBY) Shares Gap Up - Here's What Happened

Wartsila logo with Industrials background

Wartsila (OTCMKTS:WRTBY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $5.02, but opened at $5.50. Wartsila shares last traded at $5.50, with a volume of 100 shares trading hands.

Wall Street Analysts Forecast Growth

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

View Our Latest Report on WRTBY

Wartsila Stock Up 9.5%

The company has a quick ratio of 0.80, a current ratio of 1.17 and a debt-to-equity ratio of 0.12. The company has a market cap of $16.27 billion, a PE ratio of 27.50 and a beta of 1.13. The stock has a 50-day moving average of $4.41 and a 200-day moving average of $3.98.

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 23.22% and a net margin of 8.19%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.96 billion. Sell-side analysts predict 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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