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Vestas Wind Systems A/S (OTCMKTS:VWDRY) Shares Cross Below Fifty Day Moving Average - Here's Why

Vestas Wind Systems A/S logo with Oils/Energy background

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.62 and traded as low as $4.32. Vestas Wind Systems A/S shares last traded at $4.35, with a volume of 279,447 shares.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VWDRY. Fearnley Fonds raised shares of Vestas Wind Systems A/S from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 7th. Berenberg Bank cut shares of Vestas Wind Systems A/S from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 14th. Finally, Citigroup raised shares of Vestas Wind Systems A/S to a "strong-buy" rating in a report on Wednesday, October 2nd.

Get Our Latest Stock Analysis on Vestas Wind Systems A/S

Vestas Wind Systems A/S Trading Up 3.4 %

The company has a 50-day moving average of $4.61 and a 200-day moving average of $6.31. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02.

About Vestas Wind Systems A/S

(Get Free Report)

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.

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