Vestas Wind Systems AS (OTCMKTS:VWDRY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Vestas Wind Systems AS (OTCMKTS:VWDRY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.74 and traded as low as $8.32. Vestas Wind Systems AS shares last traded at $8.56, with a volume of 214,484 shares changing hands.

Analyst Upgrades and Downgrades

VWDRY has been the topic of several recent analyst reports. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Vestas Wind Systems AS Price Performance

The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67. The stock’s 50-day moving average price is $8.74 and its 200-day moving average price is $8.00. The company has a market capitalization of $25.94 billion, a price-to-earnings ratio of 28.53, a price-to-earnings-growth ratio of 1.22 and a beta of 1.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. The business had revenue of $7.40 billion during the quarter, compared to analyst estimates of $6.41 billion. Equities research analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share for the current year.

About Vestas Wind Systems AS

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.