Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Large Volume Increase – Should You Buy?
by Danessa Lincoln · The Markets DailyVestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 639,467 shares traded hands during trading, an increase of 170% from the previous session’s volume of 236,494 shares.The stock last traded at $9.37 and had previously closed at $9.32.
Analysts Set New Price Targets
VWDRY has been the subject of several analyst reports. Kepler Capital Markets cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Vestas Wind Systems AS has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on Vestas Wind Systems AS
Vestas Wind Systems AS Stock Up 1.9%
The business has a 50-day simple moving average of $9.71 and a two-hundred day simple moving average of $9.06. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. The company has a market capitalization of $28.36 billion, a price-to-earnings ratio of 28.77, a PEG ratio of 1.40 and a beta of 0.97.
Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. Vestas Wind Systems AS had a return on equity of 24.02% and a net margin of 4.44%.The company had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $4.48 billion. As a group, equities analysts predict that Vestas Wind Systems AS will post 0.44 EPS for the current year.
About Vestas Wind Systems AS
Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.
Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.