Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Rating Upgraded by Citigroup

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was upgraded by equities researchers at Citigroup to a “strong-buy” rating in a research note issued to investors on Wednesday, Zacks.com reports.

Vestas Wind Systems A/S Trading Up 1.2 %

OTCMKTS VWDRY traded up $0.08 on Wednesday, hitting $6.86. 244,620 shares of the stock were exchanged, compared to its average volume of 193,620. The company’s 50-day moving average price is $7.66 and its two-hundred day moving average price is $8.31. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 0.53. Vestas Wind Systems A/S has a 52-week low of $6.23 and a 52-week high of $10.62. The company has a market capitalization of $20.78 billion, a price-to-earnings ratio of -686.00 and a beta of 1.26.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, August 14th. The energy company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.07). Vestas Wind Systems A/S had a negative net margin of 0.32% and a negative return on equity of 1.60%. The business had revenue of $3.55 billion for the quarter. Research analysts predict that Vestas Wind Systems A/S will post 0.17 EPS for the current year.

About Vestas Wind Systems A/S

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.