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

Shares of Wartsila (OTCMKTS:WRTBY) have been assigned an average recommendation of “Reduce” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

A number of analysts have recently commented on WRTBY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wartsila in a report on Thursday, April 30th. UBS Group cut shares of Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday.

Wartsila Stock Up 0.4%

Shares of OTCMKTS WRTBY opened at $8.55 on Thursday. Wartsila has a 12 month low of $3.86 and a 12 month high of $9.49. The firm has a market capitalization of $25.30 billion, a PE ratio of 34.20 and a beta of 1.28. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. The firm has a fifty day simple moving average of $8.15 and a two-hundred day simple moving average of $7.73.

Wartsila (OTCMKTS:WRTBY) last announced its earnings results on Tuesday, April 28th. The company reported $0.06 EPS for the quarter. Wartsila had a net margin of 9.40% and a return on equity of 24.45%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.74 billion. Equities analysts expect that Wartsila will post 0.24 earnings per share for the current year.

About Wartsila

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.