Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Large Volume Increase – Should You Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw unusually-high trading volume on Monday . Approximately 639,467 shares changed 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.

Wall Street Analyst Weigh In

VWDRY has been the subject of a number of analyst reports. Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

Vestas Wind Systems AS Stock Up 1.9%

The stock has a market capitalization of $28.36 billion, a PE ratio of 28.77, a P/E/G ratio of 1.40 and a beta of 0.97. The firm has a 50 day moving average of $9.71 and a two-hundred day moving average of $9.06. The company has a current ratio of 1.03, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.48 billion. Equities research analysts anticipate that Vestas Wind Systems AS will post 0.44 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

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.