Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Vestas Wind Systems A/S (OTCMKTS:VWDRY) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.57 and traded as low as $4.46. Vestas Wind Systems A/S shares last traded at $4.50, with a volume of 262,832 shares changing hands.

Wall Street Analyst Weigh In

VWDRY has been the topic of a number of recent research reports. Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 14th. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

Vestas Wind Systems A/S Stock Performance

The stock’s fifty day moving average is $4.57 and its 200-day moving average is $5.63. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 0.87. The stock has a market cap of $13.63 billion, a price-to-earnings ratio of 26.47 and a beta of 1.21.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last posted its earnings results on Wednesday, February 5th. The energy company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.04. Vestas Wind Systems A/S had a return on equity of 15.79% and a net margin of 2.85%. On average, analysts forecast that Vestas Wind Systems A/S will post 0.27 EPS for the current year.

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.