Wartsila (OTCMKTS:WRTBY) Stock Price Down 7.8% – Time to Sell?

Wartsila (OTCMKTS:WRTBY) was down 7.8% during trading on Monday . The stock traded as low as $6.15 and last traded at $6.15. 2,726 shares traded hands during trading, a decline of 93% from the average session volume of 37,833 shares. The stock had previously closed at $6.67.

Analyst Ratings Changes

Several equities analysts have recently commented on WRTBY shares. Citigroup reiterated a “sell” rating on shares of Wartsila in a research report on Monday, July 27th. UBS Group cut Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday, May 28th. The Goldman Sachs Group upgraded shares of Wartsila from a “strong sell” rating to a “neutral” rating in a research report on Thursday, June 4th. Finally, Oddo Bhf started coverage on Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating for the company. Four equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Wartsila presently has a consensus rating of “Reduce”.

Wartsila Stock Down 7.0%

The company has a quick ratio of 0.89, a current ratio of 1.24 and a debt-to-equity ratio of 0.10. The company has a fifty day simple moving average of $6.79 and a 200-day simple moving average of $7.59. The firm has a market cap of $18.34 billion, a P/E ratio of 23.85 and a beta of 1.25.

Wartsila (OTCMKTS:WRTBY) last posted its quarterly earnings data on Tuesday, July 21st. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.73 billion. Wartsila had a return on equity of 25.56% and a net margin of 9.77%. On average, equities analysts anticipate that Wartsila will post 0.25 earnings per share for the current year.

Wartsila Company Profile

Wärtsilä Oyj is a Finland-based technology company serving the marine and energy industries. Its businesses focus on improving the efficiency, flexibility and environmental performance of power generation and marine transportation.

In the energy sector, Wärtsilä provides flexible engine-based power plants, energy storage systems, lifecycle services, energy management software and related integration solutions. Its marine business offers engines, propulsion systems, hybrid technologies, exhaust-treatment equipment, electrical and automation systems, digital solutions, and maintenance services for commercial and other vessels.

Founded in Finland in 1834, Wärtsilä serves customers internationally through operations, projects and service networks across major maritime and energy markets.