Wartsila (OTCMKTS:WRTBY) Shares Gap Up – Still a Buy?

Wartsila (OTCMKTS:WRTBY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $7.91, but opened at $8.3292. Wartsila shares last traded at $8.3292, with a volume of 155 shares traded.

Analyst Ratings Changes

A number of analysts recently issued reports on WRTBY shares. UBS Group lowered shares of Wartsila from a “buy” rating to a “neutral” rating in a research note on Thursday, May 28th. The Goldman Sachs Group upgraded shares of Wartsila to a “neutral” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wartsila in a research note on Thursday, April 30th. Four investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Wartsila presently has an average rating of “Reduce”.

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View Our Latest Stock Analysis on WRTBY

Wartsila Stock Up 0.9%

The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $24.41 billion, a P/E ratio of 33.00 and a beta of 1.24. The firm has a 50-day moving average price of $8.20 and a two-hundred day moving average price of $7.79.

Wartsila (OTCMKTS:WRTBY – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter. Wartsila had a return on equity of 24.45% and a net margin of 9.40%.The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Equities research analysts anticipate that Wartsila will post 0.24 EPS for the current fiscal year.

About Wartsila

(Get Free Report)

Wärtsilä (OTCMKTS: WRTBY) is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company’s Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.

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