Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Shares Down 0.7% – Should You Sell?

Wärtsilä Oyj Abp (OTCMKTS:WRTBY)’s share price dropped 0.7% during mid-day trading on Monday . The stock traded as low as $3.94 and last traded at $4.09. Approximately 18,912 shares traded hands during mid-day trading, an increase of 81% from the average daily volume of 10,424 shares. The stock had previously closed at $4.12.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WRTBY. Kepler Capital Markets raised shares of Wärtsilä Oyj Abp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 15th. Pareto Securities cut shares of Wärtsilä Oyj Abp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 26th.

Wärtsilä Oyj Abp Trading Down 0.7%

The firm has a market capitalization of $12.05 billion, a P/E ratio of 22.72 and a beta of 1.11. The stock’s 50-day simple moving average is $3.68 and its two-hundred day simple moving average is $3.74. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.79.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last released its quarterly earnings results on Friday, April 25th. The company reported $0.04 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a net margin of 7.81% and a return on equity of 21.67%. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.66 billion. Equities research analysts expect that Wärtsilä Oyj Abp will post 0.18 EPS for the current year.

About Wärtsilä Oyj Abp

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.