Wartsila (OTCMKTS:WRTBY) Receives Consensus Rating of “Reduce” from Brokerages

Wartsila (OTCMKTS:WRTBY) has been given a consensus rating of “Reduce” by the six brokerages that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company.

A number of research analysts have issued reports on WRTBY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research report on Thursday, April 30th. UBS Group lowered shares of Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday.

Wartsila Stock Up 0.4%

Shares of OTCMKTS WRTBY opened at $8.55 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.11. Wartsila has a 52 week low of $3.86 and a 52 week high of $9.49. The firm’s fifty day moving average is $8.15 and its 200 day moving average is $7.73. The company has a market cap of $25.30 billion, a price-to-earnings ratio of 34.20 and a beta of 1.28.

Wartsila (OTCMKTS:WRTBY) last issued its earnings results 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 company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.74 billion. On average, equities research analysts expect that Wartsila will post 0.24 earnings per share for the current year.

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.