Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Update

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 11,600 shares, a decline of 84.3% from the August 31st total of 74,000 shares. Based on an average daily volume of 319,200 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 319,200 shares, the days-to-cover ratio is presently 0.0 days.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY opened at $6.69 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.56 and a debt-to-equity ratio of 0.84. Vestas Wind Systems AS has a 12 month low of $3.96 and a 12 month high of $7.22. The company has a market cap of $20.27 billion, a price-to-earnings ratio of 24.78, a P/E/G ratio of 0.55 and a beta of 1.24. The business’s fifty day simple moving average is $6.34 and its two-hundred day simple moving average is $5.51.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its earnings results on Wednesday, August 13th. The energy company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $3.98 billion. Vestas Wind Systems AS had a net margin of 4.08% and a return on equity of 23.25%. Research analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Kepler Capital Markets cut Vestas Wind Systems AS from a “hold” rating to a “strong sell” rating in a research report on Monday, July 21st. Fearnley Fonds downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a research note on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Vestas Wind Systems AS Company Profile

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.