Vestas Wind Systems A/S (OTCMKTS:VWDRY) Upgraded at Fearnley Fonds

Fearnley Fonds upgraded shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) from a hold rating to a strong-buy rating in a report issued on Thursday,Zacks.com reports.

Separately, Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Down 3.2 %

OTCMKTS VWDRY opened at $4.97 on Thursday. The company has a 50 day moving average of $6.85 and a 200-day moving average of $7.83. Vestas Wind Systems A/S has a 1-year low of $4.93 and a 1-year high of $10.62. The company has a current ratio of 1.02, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, August 14th. The energy company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The firm had revenue of $3.55 billion for the quarter. Vestas Wind Systems A/S had a return on equity of 1.71% and a net margin of 0.32%. As a group, equities research analysts expect that Vestas Wind Systems A/S will post 0.16 EPS for the current fiscal year.

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.