Wartsila (OTCMKTS:WRTBY) Shares Gap Down – Time to Sell?

Wartsila (OTCMKTS:WRTBY) shares gapped down prior to trading on Friday . The stock had previously closed at $6.5475, but opened at $6.09. Wartsila shares last traded at $6.09, with a volume of 1,471 shares.

Analyst Ratings Changes

WRTBY has been the subject of several recent research reports. Citigroup reissued a “sell” rating on shares of Wartsila in a research report on Monday, October 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research report on Wednesday, October 29th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Wartsila Trading Down 4.4%

The stock has a market cap of $18.51 billion, a PE ratio of 28.44 and a beta of 1.23. The firm has a 50-day moving average price of $6.17 and a 200-day moving average price of $5.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.84 and a current ratio of 1.22.

Wartsila (OTCMKTS:WRTBY) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.07 earnings per share (EPS) for the quarter. Wartsila had a return on equity of 24.59% and a net margin of 8.89%.The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.99 billion. As a group, equities analysts anticipate that Wartsila will post 0.18 EPS for the current fiscal year.

Wartsila Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, September 18th were paid a $0.0231 dividend. The ex-dividend date was Wednesday, September 17th. This represents a dividend yield of 72.0%. Wartsila’s payout ratio is currently 13.64%.

About Wartsila

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.