Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Unusually-High Trading Volume – Still a Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY) shares saw unusually-high trading volume on Friday . Approximately 769,675 shares were traded during trading, an increase of 358% from the previous session’s volume of 167,958 shares.The stock last traded at $8.62 and had previously closed at $9.24.

Analyst Ratings Changes

Several brokerages recently commented on VWDRY. Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 10th. Berenberg Bank lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, DZ Bank upgraded shares of Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vestas Wind Systems AS currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Down 6.4%

The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97. The stock’s 50 day moving average price is $9.17 and its 200-day moving average price is $7.55. The company has a market cap of $26.21 billion, a PE ratio of 25.44, a PEG ratio of 0.60 and a beta of 1.16.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. The business had revenue of $7.40 billion for the quarter, compared to analyst estimates of $6.41 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. On average, analysts predict that Vestas Wind Systems AS will post 0.27 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

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.