Vestas Wind Systems A/S (OTCMKTS:VWDRY) Trading 1.2% Higher
shares traded hands during trading, a decline of 46% from the average daily volume of 290,845 shares. The stock had previously closed at $9.37. Vestas Wind Systems A/S's stock price rose 1.2% during mid-day trading on Tuesday.
The stock price of grew by 1.2% in midday trading on Monday. The stock price of the company reached $9.52 before trading at $9.50. A total of 158,014 stocks were traded during the trading session, which is a 42% decrease from the daily average of 273,530. Stock had closed previously at $9.39.
Wall Street analysts weigh in
VWDRY was the subject of several analyst reports. Jefferies Financial Group upgraded Vestas wind systems A/S to a "buy" rating in a report published on Wednesday, January 11, 2019. HSBC downgraded Vestas Wind Systems from a hold' to a reduce' in a report published on Friday, 3rd March. Morgan Stanley raised their Vestas wind systems A/S price target from 142.00 up to 151.00 in a report published on January 17th. They also gave the stock a 'equal-weight' rating. Two analysts assigned the stock a sell, three a hold and three a buy. The company has a simple moving-average of $9.57 for the next 50 days and $8.78 for the next 200. The company's quick ratio is 0.54 and its current ratio is 1.01. It also has a debt to equity ratio of 0.71. The stock's market capitalization is $28,78 billion. It has a P/E of -17.27, and a beta value of 1.23.
The last time the company released its results was on February 8th. The energy company reported ($0.18) per share earnings for the third quarter. Vestas wind systems A/S reported a negative return of equity of 27.59% and a net margin of 11.144%. Revenue for the quarter was $4.88 billion. Vestas wind systems A/S is expected to post an average of 0.09 earnings per share in the current fiscal year, according to equity research analysts.
Vestas Wind System A/S
Vestas Wind Systems A/S is engaged in the design, manufacturing, sales, and maintenance wind power plants. Power Solutions and Service are its two segments. Power Solutions includes the sale of wind turbines and wind power plants onshore and off-shore. The Service segment includes service contracts, parts and other related activities.
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