Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Unusually-High Trading Volume – Here’s Why

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw unusually-high trading volume on Friday . 588,361 shares were traded during mid-day trading, an increase of 134% from the previous session’s volume of 251,191 shares.The stock last traded at $10.9270 and had previously closed at $10.97.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VWDRY. Kepler Capital Markets upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Citigroup restated a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Vestas Wind Systems AS in a research report on Friday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

The company has a current ratio of 1.03, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81. The company has a market cap of $32.50 billion, a PE ratio of 25.30, a P/E/G ratio of 0.79 and a beta of 0.97. The firm has a 50 day moving average of $9.24 and a two-hundred day moving average of $9.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. Vestas Wind Systems AS had a return on equity of 29.50% and a net margin of 5.42%.The business had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.19 billion. Research analysts predict that Vestas Wind Systems AS will post 0.54 earnings per share for the current fiscal 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.