Vestas Wind Systems AS (OTCMKTS:VWDRY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $10.00 and traded as low as $9.76. Vestas Wind Systems AS shares last traded at $9.87, with a volume of 216,202 shares changing hands.

Vestas Wind Systems AS News Roundup

These are some of the VWDRY news items that stood out recently:

Analysts Set New Price Targets

Several equities research analysts have commented on VWDRY shares. Deutsche Bank reiterated a “hold” rating on shares of Vestas Wind Systems AS in a research note on Friday, August 14th. Berenberg Bank upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Finally, Citigroup restated a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vestas Wind Systems AS presently has an average rating of “Buy”.

Get Our Latest Report on VWDRY

Vestas Wind Systems AS Stock Up 3.5%

The stock’s 50-day moving average price is $9.95 and its two-hundred day moving average price is $9.48. The stock has a market capitalization of $29.09 billion, a P/E ratio of 21.39, a P/E/G ratio of 0.71 and a beta of 1.03. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 0.81.

Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) last posted its quarterly earnings results on Wednesday, November 11th. The energy company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). Vestas Wind Systems AS had a return on equity of 28.67% and a net margin of 5.42%. The company had revenue of $6.30 billion during the quarter, compared to the consensus estimate of $6.80 billion. As a group, research analysts expect that Vestas Wind Systems AS will post 0.52 earnings per share for the current fiscal year.

Vestas Wind Systems AS Company Profile

(Get Free Report)

Vestas Wind Systems A/S is a Denmark-based company that designs, manufactures, installs and services wind turbines. Its products and solutions support both onshore and offshore wind energy projects. Founded in 1945, Vestas initially operated in other manufacturing businesses before focusing on wind energy. The company serves customers in markets around the world and provides services intended to support turbine performance throughout a project’s operating life.

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