Wartsila (OTCMKTS:WRTBY) Stock Price Down 9.1% - Should You Sell?

Key Points

• Wartsila's stock price dropped 9.1% during trading, closing at $5.41, with a significant decrease in volume to 2,554 shares, down 68% from the average session.
• Kepler Capital Markets downgraded Wartsila from a "strong-buy" to a "hold" rating, indicating a shift in analyst sentiment regarding the stock's potential.
• The company's most recent quarterly earnings reported earnings per share of $0.05, with revenues of $1.95 billion, slightly below analyst estimates of $1.96 billion.

Shares of Wartsila (OTCMKTS:WRTBY - Get Free Report) dropped 9.1% on Tuesday . The stock traded as low as $5.41 and last traded at $5.41. Approximately 2,554 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 7,949 shares. The stock had previously closed at $5.95.

Analyst Upgrades and Downgrades

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

Wartsila Stock Up 3.3%

The company has a quick ratio of 0.84, a current ratio of 1.22 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $4.81 and a 200-day simple moving average of $4.15. The firm has a market cap of $17.69 billion, a P/E ratio of 29.90 and a beta of 1.14.

Wartsila (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings results on Friday, July 18th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.96 billion. Wartsila had a return on equity of 22.76% and a net margin of 8.19%. On average, equities analysts anticipate that Wartsila will post 0.18 earnings per share for the current year.

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.