Vestas Wind Systems A/S (OTCMKTS:VWDRY) Issues Earnings Results

Vestas Wind Systems A/S (OTCMKTS:VWDRY) posted its quarterly earnings data on Wednesday. The energy company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04, Zacks reports. Vestas Wind Systems A/S had a net margin of 0.32% and a return on equity of 1.72%.

Vestas Wind Systems A/S Price Performance

Shares of OTCMKTS VWDRY opened at $5.01 on Thursday. The firm has a 50-day simple moving average of $4.56 and a 200-day simple moving average of $6.06. The stock has a market capitalization of $15.18 billion, a price-to-earnings ratio of 453.00 and a beta of 1.21. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08. Vestas Wind Systems A/S has a 52 week low of $4.19 and a 52 week high of $9.93.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VWDRY. Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

About Vestas Wind Systems A/S

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.