Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Down 3.4% – Should You Sell?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) dropped 3.4% during trading on Monday . The company traded as low as $8.7065 and last traded at $8.7065. Approximately 15,276 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 307,510 shares. The stock had previously closed at $9.01.

Analyst Ratings Changes

VWDRY has been the topic of a number of recent research reports. Berenberg Bank cut shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Kepler Capital Markets raised Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 10th. Finally, Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Vestas Wind Systems AS has a consensus rating of “Hold”.

Vestas Wind Systems AS Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $7.65 and a two-hundred day moving average price of $6.62. The firm has a market cap of $26.85 billion, a P/E ratio of 26.06, a PEG ratio of 0.76 and a beta of 1.21.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.05. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. The company had revenue of $6.14 billion during the quarter, compared to the consensus estimate of $5.43 billion. Equities analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share for the current 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.