Wartsila Oyj Abp (WRTBY) Rating Lowered to Sell at Zacks Investment Research

Wartsila Oyj Abp (OTCMKTS:WRTBY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

According to Zacks, “Wärtsilä Oyj Abp provides technologies and lifecycle solutions to the marine and energy markets. It serves merchant, offshore, cruise and ferry, navy and special vessel company. Wärtsilä Oyj Abp is headquartered in Helsinki, Finland. “

Wartsila Oyj Abp (OTCMKTS:WRTBY) remained flat at $$13.85 during midday trading on Friday. The company has a market cap of $13,658.95, a PE ratio of 31.48, a P/E/G ratio of 3.03 and a beta of 0.49. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.41. Wartsila Oyj Abp has a fifty-two week low of $9.85 and a fifty-two week high of $14.58.

Wartsila Oyj Abp (OTCMKTS:WRTBY) last released its earnings results on Wednesday, January 31st. The company reported $0.20 earnings per share for the quarter. The firm had revenue of $1.70 billion for the quarter. Wartsila Oyj Abp had a return on equity of 18.16% and a net margin of 7.88%. equities analysts expect that Wartsila Oyj Abp will post 0.61 earnings per share for the current year.

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Wartsila Oyj Abp Company Profile

Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas power plants, multi-fuel power plants, and liquid fuel power plants, as well as seals, bearings, and associated equipment for the hydropower and tidal, and a range of industry sectors.

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