Wartsila (OTCMKTS:WRTBY – Get Free Report) saw unusually-high trading volume on Monday . Approximately 20,569 shares changed hands during mid-day trading, an increase of 52% from the previous session’s volume of 13,495 shares.The stock last traded at $8.95 and had previously closed at $9.49.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on WRTBY. Citigroup reiterated a “sell” rating on shares of Wartsila in a research note on Thursday, January 22nd. Pareto Securities downgraded shares of Wartsila from a “hold” rating to a “sell” rating in a research note on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wartsila in a research note on Thursday, February 5th. Two equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Strong Sell”.
Read Our Latest Report on Wartsila
Wartsila Stock Performance
Wartsila (OTCMKTS:WRTBY – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 EPS for the quarter. Wartsila had a net margin of 9.08% and a return on equity of 24.14%. As a group, research analysts anticipate that Wartsila will post 0.24 EPS for the current year.
Wartsila Company Profile
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.
Further Reading
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