Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Rating Lowered to Hold at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft cut shares of Wärtsilä Oyj Abp (OTCMKTS:WRTBYFree Report) from a buy rating to a hold rating in a research report sent to investors on Thursday morning, MarketBeat Ratings reports.

Wärtsilä Oyj Abp Stock Performance

OTCMKTS:WRTBY opened at $3.86 on Thursday. The stock’s fifty day moving average is $3.84 and its 200 day moving average is $3.27. Wärtsilä Oyj Abp has a fifty-two week low of $2.08 and a fifty-two week high of $4.44. The firm has a market capitalization of $11.37 billion, a PE ratio of 38.60 and a beta of 1.03. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.75 and a current ratio of 1.17.

Wärtsilä Oyj Abp (OTCMKTS:WRTBYGet Free Report) last released its quarterly earnings results on Friday, April 26th. The company reported $0.03 earnings per share for the quarter. Wärtsilä Oyj Abp had a return on equity of 13.47% and a net margin of 4.89%. The company had revenue of $1.43 billion for the quarter.

Wärtsilä Oyj Abp Company Profile

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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.

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