Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Rating Upgraded by Citigroup

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) was upgraded by stock analysts at Citigroup to a "strong-buy" rating in a research note issued to investors on Wednesday, Zacks.com reports.

Vestas Wind Systems A/S Stock Up 1.2 %

Shares of OTCMKTS VWDRY traded up $0.08 on Wednesday, reaching $6.86. 244,620 shares of the company's stock traded hands, compared to its average volume of 193,620. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. The business's 50 day simple moving average is $7.66 and its two-hundred day simple moving average is $8.31. Vestas Wind Systems A/S has a 12 month low of $6.23 and a 12 month high of $10.62. The company has a market cap of $20.78 billion, a price-to-earnings ratio of -686.00 and a beta of 1.26.

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) last posted its earnings results on Wednesday, August 14th. The energy company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.07). Vestas Wind Systems A/S had a negative net margin of 0.32% and a negative return on equity of 1.60%. The company had revenue of $3.55 billion for the quarter. As a group, equities research analysts forecast that Vestas Wind Systems A/S will post 0.17 EPS for the current fiscal year.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.