Wartsila (OTCMKTS:WRTBY) Short Interest Update

Wartsila (OTCMKTS:WRTBY) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 18,153 shares, a growth of 143.5% from the April 15th total of 7,456 shares. Based on an average daily volume of 67,567 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Wartsila Price Performance

OTCMKTS WRTBY opened at $7.95 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.04. The firm has a market capitalization of $23.51 billion, a price-to-earnings ratio of 31.78 and a beta of 1.28. The company has a 50 day simple moving average of $8.08 and a 200-day simple moving average of $7.63. Wartsila has a 52-week low of $3.79 and a 52-week high of $9.49.

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

Wall Street Analyst Weigh In

Several analysts have issued reports on WRTBY shares. Citigroup restated a “sell” rating on shares of Wartsila in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research report on Thursday, April 30th. Finally, Pareto Securities lowered shares of Wartsila from a “hold” rating to a “sell” rating in a report on Monday, January 19th. Two equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Strong Sell”.

About Wartsila

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.