Vestas Wind Systems AS (OTCMKTS:VWDRY) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.74 and traded as low as $8.32. Vestas Wind Systems AS shares last traded at $8.56, with a volume of 214,484 shares changing hands.

Analyst Ratings Changes

Several brokerages have recently weighed in on VWDRY. Kepler Capital Markets lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Vestas Wind Systems AS currently has a consensus rating of “Hold”.

Vestas Wind Systems AS Stock Up 5.5%

The stock has a market capitalization of $25.94 billion, a price-to-earnings ratio of 28.53, a price-to-earnings-growth ratio of 1.22 and a beta of 1.20. The firm has a 50 day simple moving average of $8.74 and a 200-day simple moving average of $8.00. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.00 and a quick ratio of 0.66.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The business had revenue of $7.40 billion for the quarter, compared to analyst estimates of $6.41 billion. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. On average, sell-side analysts forecast that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.