Vestas Wind System (OTCMKTS:VWDRY) was upgraded by analysts at HSBC from a “reduce” rating to a “hold” rating in a research note issued to investors on Wednesday, February 21st, Marketbeat.com reports.
A number of other analysts have also recently commented on VWDRY. Citigroup reissued a “buy” rating on shares of Vestas Wind System in a research report on Thursday, December 7th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Vestas Wind System in a research report on Wednesday, January 10th. Finally, ValuEngine cut Vestas Wind System from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd.
Vestas Wind System (OTCMKTS VWDRY) traded down $0.25 during trading on Wednesday, reaching $23.55. The company’s stock had a trading volume of 10,343 shares, compared to its average volume of 17,440. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.75 and a current ratio of 1.24. The company has a market cap of $15,387.96, a PE ratio of 14.63 and a beta of 1.08. Vestas Wind System has a fifty-two week low of $19.12 and a fifty-two week high of $32.94.
Vestas Wind System (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, February 7th. The energy company reported $0.55 EPS for the quarter. Vestas Wind System had a return on equity of 28.59% and a net margin of 9.00%. The firm had revenue of $3.67 billion for the quarter.
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About Vestas Wind System
Vestas Wind Systems A/S develops, manufactures, sells, and services wind turbines worldwide. The company operates in two segments, Project and Service. The Project segment sells wind power plants, wind turbines, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.
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