Wartsila (OTCMKTS:WRTBY - Get Free Report) shares dropped 11.6% during trading on Thursday . The stock traded as low as $4.42 and last traded at $4.42. Approximately 2,882 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 8,301 shares. The stock had previously closed at $5.00.
Analysts Set New Price Targets
WRTBY has been the topic of several recent analyst reports. Pareto Securities downgraded Wartsila from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 26th. Kepler Capital Markets upgraded shares of Wartsila from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 15th.
Check Out Our Latest Analysis on WRTBY
Wartsila Stock Performance
The stock's 50 day moving average price is $4.25 and its 200 day moving average price is $3.91. The company has a current ratio of 1.17, a quick ratio of 0.80 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $13.45 billion, a price-to-earnings ratio of 24.04 and a beta of 1.13.
Wartsila (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.04 EPS for the quarter. Wartsila had a net margin of 8.09% and a return on equity of 22.57%. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.66 billion. Analysts expect that Wartsila will post 0.18 earnings per share for the current 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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