Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) 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 traded.

Analyst Ratings Changes

VWDRY has been the subject of several recent analyst reports. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Berenberg Bank downgraded Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Citigroup upgraded Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Down 0.2 %

The company has a debt-to-equity ratio of 1.08, a current ratio of 1.02 and a quick ratio of 0.54. The stock has a market capitalization of $13.18 billion, a P/E ratio of 435.00 and a beta of 1.21. The firm has a 50-day simple moving average of $4.62 and a 200 day simple moving average of $6.34.

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.