Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) shares reached a new 52-week low on Friday . The company traded as low as $3.06 and last traded at $3.62, with a volume of 7086 shares changing hands. The stock had previously closed at $3.75.
Analyst Upgrades and Downgrades
Separately, Pareto Securities downgraded shares of Wärtsilä Oyj Abp from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 26th.
Read Our Latest Stock Analysis on Wärtsilä Oyj Abp
Wärtsilä Oyj Abp Stock Up 2.8 %
The firm has a market capitalization of $9.75 billion, a P/E ratio of 18.39 and a beta of 0.91. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.79. The stock has a fifty day moving average of $3.84 and a 200 day moving average of $3.89.
Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a net margin of 7.81% and a return on equity of 21.67%. On average, research analysts anticipate that Wärtsilä Oyj Abp will post 0.18 EPS for the current fiscal year.
Wärtsilä Oyj Abp Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Monday, March 17th were paid a $0.0456 dividend. The ex-dividend date was Monday, March 17th. This is a positive change from Wärtsilä Oyj Abp's previous dividend of $0.04. Wärtsilä Oyj Abp's payout ratio is presently 11.11%.
Wärtsilä Oyj Abp Company Profile
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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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