Vestas Wind Systems A/S (OTCMKTS:VWSYF) Trading Down 1.7% – Here’s Why

Vestas Wind Systems A/S (OTCMKTS:VWSYF)’s share price traded down 1.7% during mid-day trading on Wednesday . The stock traded as low as $24.95 and last traded at $24.95. 89 shares traded hands during trading, a decline of 98% from the average session volume of 3,665 shares. The stock had previously closed at $25.3910.

Vestas Wind Systems A/S Stock Down 1.7%

The business’s 50 day simple moving average is $27.59 and its 200 day simple moving average is $23.11.

About Vestas Wind Systems A/S

Vestas Wind Systems A/S is a Denmark-based company engaged in the design, manufacture, sale and servicing of wind turbines. The company’s core business centers on onshore wind energy solutions, offering a portfolio of turbines that cater to a broad range of wind regimes and project sizes. Vestas also develops proprietary control and monitoring software to optimize turbine performance and maximize energy output throughout the operational life of its assets.

In addition to turbine manufacturing, Vestas provides comprehensive aftermarket services, including preventive and corrective maintenance, blade repair, component upgrades and repowering solutions.