Wartsila (OTCMKTS:WRTBY - Get Free Report) was downgraded by investment analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a research note issued on Friday,Zacks.com reports.
Separately, Pareto Securities cut shares of Wartsila from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 26th.
Check Out Our Latest Research Report on WRTBY
Wartsila Stock Performance
OTCMKTS WRTBY opened at $4.80 on Friday. The firm has a market cap of $14.21 billion, a price-to-earnings ratio of 25.28 and a beta of 1.13. The company has a 50 day moving average of $4.29 and a 200-day moving average of $3.92. The company has a current ratio of 1.17, a quick ratio of 0.80 and a debt-to-equity ratio of 0.12. Wartsila has a 1-year low of $2.78 and a 1-year high of $5.10.
Wartsila (OTCMKTS:WRTBY - Get Free Report) last issued 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 analyst estimates of $1.66 billion. Wartsila had a net margin of 8.09% and a return on equity of 22.57%. On average, equities analysts forecast that Wartsila will post 0.18 earnings per share for the current fiscal year.
Wartsila Company Profile
(
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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.
Further Reading
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