Wartsila (OTCMKTS:WRTBY) Reaches New 12-Month High – What’s Next?

Shares of Wartsila (OTCMKTS:WRTBY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $9.49 and last traded at $9.49, with a volume of 17863 shares traded. The stock had previously closed at $8.91.

Analyst Upgrades and Downgrades

WRTBY has been the subject of a number of analyst reports. Pareto Securities lowered Wartsila from a “hold” rating to a “sell” rating in a research report on Monday, January 19th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research note on Thursday, February 5th. Finally, Citigroup reissued a “sell” rating on shares of Wartsila in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Sell”.

Wartsila Stock Down 5.7%

The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $26.48 billion, a price-to-earnings ratio of 38.91 and a beta of 1.32. The stock has a fifty day moving average of $8.12 and a 200-day moving average of $7.42.

Wartsila (OTCMKTS:WRTBY) last issued its earnings results on Wednesday, February 4th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.42 billion. Wartsila had a return on equity of 24.14% and a net margin of 9.08%. As a group, sell-side analysts expect that Wartsila will post 0.24 EPS for the current year.

About Wartsila

Wärtsilä (OTCMKTS: WRTBY) is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company’s Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.