Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Wärtsilä Oyj Abp (OTCMKTS:WRTBY) from a hold rating to a strong-buy rating in a research note released on Tuesday morning,Zacks.com reports.

Separately, Pareto Securities cut Wärtsilä Oyj Abp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 26th.

Wärtsilä Oyj Abp Stock Performance

OTCMKTS:WRTBY opened at $3.36 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.79. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of 18.67 and a beta of 0.91. The firm’s fifty day moving average price is $3.79 and its 200 day moving average price is $3.86. Wärtsilä Oyj Abp has a 1-year low of $2.78 and a 1-year high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last issued its earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter. Wärtsilä Oyj Abp had a net margin of 7.81% and a return on equity of 21.67%. On average, sell-side analysts expect that Wärtsilä Oyj Abp will post 0.18 EPS for the current year.

Wärtsilä Oyj Abp Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 8th. Investors of record on Monday, March 17th were paid a $0.0456 dividend. This is a boost from Wärtsilä Oyj Abp’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, March 17th. Wärtsilä Oyj Abp’s dividend payout ratio (DPR) is 11.11%.

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.