Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Sees Large Increase in Short Interest

Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 12,000 shares, an increase of 263.6% from the May 15th total of 3,300 shares. Based on an average trading volume of 11,500 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WRTBY. Kepler Capital Markets upgraded shares of Wärtsilä Oyj Abp from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th. Pareto Securities cut Wärtsilä Oyj Abp from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 26th.

Wärtsilä Oyj Abp Stock Up 2.7%

OTCMKTS WRTBY traded up $0.12 during trading on Thursday, reaching $4.52. 544 shares of the company's stock were exchanged, compared to its average volume of 9,364. The company has a 50 day moving average price of $3.77 and a two-hundred day moving average price of $3.76. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.79 and a current ratio of 1.24. The stock has a market cap of $13.31 billion, a P/E ratio of 25.11 and a beta of 1.10. Wärtsilä Oyj Abp has a 1 year low of $2.78 and a 1 year high of $4.69.

Wärtsilä Oyj Abp (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. Wärtsilä Oyj Abp had a net margin of 7.81% and a return on equity of 21.67%. The firm had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.66 billion. On average, equities research analysts anticipate that Wärtsilä Oyj Abp will post 0.18 EPS for the current fiscal year.

Wärtsilä Oyj Abp 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.