Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) was downgraded by equities researchers at Pareto Securities from a "strong-buy" rating to a "hold" rating in a research note issued on Wednesday,Zacks.com reports.
Wärtsilä Oyj Abp Stock Performance
WRTBY traded down $0.18 during trading on Wednesday, reaching $3.65. The company's stock had a trading volume of 3,271 shares, compared to its average volume of 11,336. 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's fifty day moving average price is $3.92 and its 200-day moving average price is $3.93. Wärtsilä Oyj Abp has a 52-week low of $3.25 and a 52-week high of $4.69. The company has a market capitalization of $10.74 billion, a price-to-earnings ratio of 20.25 and a beta of 1.13.
Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. On average, equities analysts forecast that Wärtsilä Oyj Abp will post 0.18 earnings per share for the current fiscal 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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