Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) shares shot up 0.8% during trading on Monday . The stock traded as high as $4.43 and last traded at $4.27. 1,621 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 9,578 shares. The stock had previously closed at $4.24.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Pareto Securities lowered Wärtsilä Oyj Abp from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 26th. Kepler Capital Markets upgraded Wärtsilä Oyj Abp from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 15th.
Read Our Latest Stock Analysis on WRTBY
Wärtsilä Oyj Abp Price Performance
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 company has a market cap of $13.31 billion, a P/E ratio of 25.11 and a beta of 1.10. The stock has a 50-day simple moving average of $3.77 and a 200 day simple moving average of $3.76.
Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) last posted its earnings results on Friday, April 25th. The company reported $0.04 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.66 billion. On average, equities analysts expect that Wärtsilä Oyj Abp will post 0.18 EPS for the current year.
About Wärtsilä Oyj Abp
(
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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.
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