Vestas Wind Systems A/S (OTCMKTS:VWDRY) Upgraded to “Strong-Buy” at Citigroup

Citigroup upgraded shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) to a strong-buy rating in a research report sent to investors on Wednesday morning, Zacks.com reports.

Vestas Wind Systems A/S Stock Up 1.2 %

VWDRY opened at $6.86 on Wednesday. The company has a market cap of $20.78 billion, a PE ratio of -686.00 and a beta of 1.26. Vestas Wind Systems A/S has a 12 month low of $6.23 and a 12 month high of $10.62. The company has a current ratio of 1.02, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11. The company has a 50 day moving average of $7.66 and a 200 day moving average of $8.31.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, August 14th. The energy company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The company had revenue of $3.55 billion for the quarter. Vestas Wind Systems A/S had a negative net margin of 0.32% and a negative return on equity of 1.60%. On average, sell-side analysts expect 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.