Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Update

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 3,052 shares, a drop of 40.6% from the February 26th total of 5,139 shares. Based on an average trading volume of 384,359 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Vestas Wind Systems AS Trading Up 3.9%

OTCMKTS VWDRY opened at $8.89 on Friday. Vestas Wind Systems AS has a one year low of $3.96 and a one year high of $10.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.00 and a quick ratio of 0.66. The firm has a market cap of $26.94 billion, a P/E ratio of 29.63, a P/E/G ratio of 1.28 and a beta of 1.20. The stock’s 50-day moving average is $8.73 and its 200-day moving average is $8.01.

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

Wall Street Analysts Forecast Growth

VWDRY has been the subject of several recent analyst reports. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Kepler Capital Markets cut shares of 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 shares of Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vestas Wind Systems AS currently has a consensus rating of “Hold”.

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.