Wartsila (OTCMKTS:WRTBY) Shares Gap Up - Still a Buy?

Key Points

• Wartsila's stock price gapped up from $5.92 to $6.21 before trading on Friday, with a trading volume of 974 shares.
• Analysts have given a mixed outlook on Wartsila, with Citigroup maintaining a "sell" rating and Kepler Capital Markets downgrading to "hold," resulting in a consensus rating of "Reduce".
• Wartsila has announced a dividend of $0.0231 per share, equating to a yield of 72.0%, with a dividend payout ratio of 15.00%.

Wartsila (OTCMKTS:WRTBY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $5.92, but opened at $6.21. Wartsila shares last traded at $6.21, with a volume of 974 shares trading hands.

Wall Street Analyst Weigh In

WRTBY has been the topic of several research reports. Citigroup reaffirmed a "sell" rating on shares of Wartsila in a report on Monday. Kepler Capital Markets lowered Wartsila from a "strong-buy" rating to a "hold" rating in a report on Friday, July 11th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce".

Wartsila Stock Up 4.3%

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.22 and a quick ratio of 0.84. The firm has a market cap of $18.27 billion, a price-to-earnings ratio of 30.88 and a beta of 1.16. The firm's 50 day moving average price is $5.84 and its two-hundred day moving average price is $4.77.

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

Wartsila Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, September 18th were issued a $0.0231 dividend. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a yield of 72.0%. Wartsila's dividend payout ratio (DPR) is 15.00%.

Wartsila Company Profile

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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