Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Up 144.4% in April

Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 8,800 shares, an increase of 144.4% from the March 31st total of 3,600 shares. Based on an average daily volume of 16,500 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company's shares are sold short.

Wärtsilä Oyj Abp Stock Performance

Wärtsilä Oyj Abp stock opened at $3.38 on Monday. Wärtsilä Oyj Abp has a fifty-two week low of $2.78 and a fifty-two week high of $4.69. The stock's 50 day simple moving average is $3.72 and its two-hundred day simple moving average is $3.80. 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 stock has a market cap of $9.96 billion, a price-to-earnings ratio of 18.79 and a beta of 0.91.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.66 billion. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. As a group, analysts expect that Wärtsilä Oyj Abp will post 0.18 earnings per share for the current fiscal year.

Wärtsilä Oyj Abp Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Monday, March 17th were paid a dividend of $0.0456 per share. This is an increase from Wärtsilä Oyj Abp's previous dividend of $0.04. The ex-dividend date was Monday, March 17th. Wärtsilä Oyj Abp's dividend payout ratio (DPR) is currently 11.11%.

Analyst Upgrades and Downgrades

WRTBY has been the subject of several research analyst reports. Pareto Securities cut Wärtsilä Oyj Abp from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 26th. Kepler Capital Markets upgraded shares of Wärtsilä Oyj Abp from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th.

Wärtsilä Oyj Abp Company Profile

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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