Wartsila (OTCMKTS:WRTBY) Given Consensus Rating of “Reduce” by Brokerages

Wartsila (OTCMKTS:WRTBY) has been assigned a consensus rating of “Reduce” from the seven research firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

Several research analysts recently commented on WRTBY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wartsila in a research report on Thursday, April 30th. UBS Group cut shares of Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday, May 28th. Citigroup restated a “sell” rating on shares of Wartsila in a report on Monday, July 27th. The Goldman Sachs Group raised shares of Wartsila from a “strong sell” rating to a “neutral” rating in a research report on Thursday, June 4th. Finally, Oddo Bhf initiated coverage on Wartsila in a report on Tuesday, July 7th. They issued a “neutral” rating on the stock.

Wartsila Stock Up 2.3%

Shares of WRTBY stock opened at $7.00 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 1.23 and a debt-to-equity ratio of 0.11. The stock has a market cap of $20.71 billion, a P/E ratio of 26.92 and a beta of 1.26. Wartsila has a 52 week low of $5.49 and a 52 week high of $9.49. The company’s fifty day simple moving average is $7.12 and its two-hundred day simple moving average is $7.81.

Wartsila (OTCMKTS:WRTBY) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.06 earnings per share for the quarter. Wartsila had a return on equity of 25.32% and a net margin of 9.77%.The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Analysts predict that Wartsila will post 0.25 EPS for the current fiscal 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.