Vestas Wind System (VWDRY) Earns “Buy” Rating from JPMorgan Chase

Vestas Wind System (OTCMKTS:VWDRY)‘s stock had its “buy” rating reissued by research analysts at JPMorgan Chase in a report issued on Thursday, April 12th.

VWDRY has been the topic of several other reports. HSBC upgraded Vestas Wind System from a “reduce” rating to a “hold” rating in a report on Wednesday, February 21st. ValuEngine downgraded Vestas Wind System from a “buy” rating to a “hold” rating in a report on Monday, April 2nd.

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Shares of VWDRY stock traded down $0.56 on Thursday, reaching $22.48. 5,848 shares of the company’s stock were exchanged, compared to its average volume of 69,305. Vestas Wind System has a 52 week low of $19.12 and a 52 week high of $32.94. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.75 and a current ratio of 1.24. The firm has a market capitalization of $14,676.75, a P/E ratio of 14.10 and a beta of 1.07.

Vestas Wind System (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, February 7th. The energy company reported $0.55 earnings per share (EPS) for the quarter. The firm had revenue of $3.67 billion during the quarter. Vestas Wind System had a return on equity of 28.59% and a net margin of 9.00%.

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Vestas Wind System Company Profile

Vestas Wind Systems A/S develops, manufactures, sells, and services wind turbines worldwide. The company operates in two segments, Power solutions and Service. The Project segment sells wind power plants, wind turbines, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

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