Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Posts Quarterly Earnings Results

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) announced its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Wärtsilä Oyj Abp had a return on equity of 19.53% and a net margin of 7.03%.

Wärtsilä Oyj Abp Stock Up 8.7 %

Shares of OTCMKTS:WRTBY traded up $0.32 during trading on Wednesday, hitting $3.98. The company’s stock had a trading volume of 3,595 shares, compared to its average volume of 4,866. The stock’s 50-day moving average price is $3.64 and its two-hundred day moving average price is $3.98. Wärtsilä Oyj Abp has a fifty-two week low of $2.90 and a fifty-two week high of $4.69. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.79 and a current ratio of 1.19. The company has a market capitalization of $11.72 billion, a PE ratio of 26.53 and a beta of 1.07.

About Wärtsilä Oyj Abp

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.