Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Stock Price Up 0.8% – Still a Buy?

Wärtsilä Oyj Abp (OTCMKTS:WRTBY)’s share price traded up 0.8% during mid-day trading on Monday . The stock traded as high as $4.43 and last traded at $4.27. 1,621 shares were traded during mid-day trading, a decline of 83% from the average session volume of 9,578 shares. The stock had previously closed at $4.24.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Pareto Securities downgraded Wärtsilä Oyj Abp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 26th. Kepler Capital Markets raised Wärtsilä Oyj Abp from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 15th.

Wärtsilä Oyj Abp Price Performance

The company has a 50 day moving average price of $3.73 and a 200-day moving average price of $3.76. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.16. The company has a market cap of $12.58 billion, a price-to-earnings ratio of 23.74 and a beta of 1.10.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last announced its earnings results on Friday, April 25th. The company reported $0.04 EPS for the quarter. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.66 billion. As a group, equities research analysts predict that Wärtsilä Oyj Abp will post 0.18 EPS for the current fiscal year.

About Wärtsilä Oyj Abp

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.