Wartsila (OTCMKTS:WRTBY) Shares Gap Down – What’s Next?

Wartsila (OTCMKTS:WRTBY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $8.6520, but opened at $8.18. Wartsila shares last traded at $8.18, with a volume of 874 shares.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on WRTBY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wartsila in a report on Thursday, April 30th. Pareto Securities cut shares of Wartsila from a “hold” rating to a “sell” rating in a report on Monday, January 19th. Finally, Citigroup restated a “sell” rating on shares of Wartsila in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Sell”.

Wartsila Price Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.04. The firm has a market capitalization of $24.29 billion, a price-to-earnings ratio of 32.84 and a beta of 1.28. The business’s fifty day simple moving average is $8.08 and its 200 day simple moving average is $7.64.

Wartsila (OTCMKTS:WRTBY) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Wartsila had a net margin of 9.40% and a return on equity of 24.45%. On average, research analysts forecast 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.