Wartsila (OTCMKTS:WRTBY) Shares Down 5.9% – What’s Next?

Shares of Wartsila (OTCMKTS:WRTBY) were down 5.9% during trading on Monday . The stock traded as low as $6.16 and last traded at $6.16. Approximately 401 shares were traded during trading, a decline of 95% from the average daily volume of 7,871 shares. The stock had previously closed at $6.5475.

Analyst Ratings Changes

Several brokerages recently issued reports on WRTBY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research note on Wednesday, October 29th. Citigroup reiterated a “sell” rating on shares of Wartsila in a research report on Monday, October 6th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Wartsila Price Performance

The company has a market cap of $18.74 billion, a P/E ratio of 28.79 and a beta of 1.23. The firm’s 50-day moving average is $6.18 and its two-hundred day moving average is $5.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.22 and a quick ratio of 0.84.

Wartsila (OTCMKTS:WRTBY) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 EPS for the quarter. The business had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Wartsila had a net margin of 8.89% and a return on equity of 24.59%. Analysts anticipate that Wartsila will post 0.18 earnings per share for the current year.

Wartsila Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, October 9th. Investors of record on Thursday, September 18th were issued a dividend of $0.0231 per share. This represents a yield of 72.0%. The ex-dividend date was Wednesday, September 17th. Wartsila’s dividend payout ratio is presently 13.64%.

About Wartsila

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.