Vestas Wind Systems A/S (OTCMKTS:VWDRY) Shares Pass Below Fifty Day Moving Average – What’s Next?

Vestas Wind Systems A/S (OTCMKTS:VWDRY) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.73 and traded as low as $4.44. Vestas Wind Systems A/S shares last traded at $4.49, with a volume of 599,109 shares changing hands.

Vestas Wind Systems A/S Trading Up 0.2 %

The business has a 50-day moving average of $4.73 and a 200 day moving average of $5.00. The stock has a market cap of $13.60 billion, a PE ratio of 26.41 and a beta of 1.23. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.54 and a current ratio of 1.04.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, February 5th. The energy company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Vestas Wind Systems A/S had a net margin of 2.85% and a return on equity of 15.79%. Equities research analysts predict that Vestas Wind Systems A/S will post 0.27 EPS for the current fiscal year.

Vestas Wind Systems A/S Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.0158 per share. The ex-dividend date is Thursday, April 10th. This is a positive change from Vestas Wind Systems A/S’s previous dividend of $0.01. Vestas Wind Systems A/S’s dividend payout ratio is currently 5.88%.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.