Wartsila (OTCMKTS:WRTBY) Given Consensus Recommendation of “Reduce” by Brokerages

Wartsila (OTCMKTS:WRTBY) has been assigned an average rating of “Reduce” from the seven ratings firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group raised shares of Wartsila from a “strong sell” rating to a “neutral” rating in a report on Thursday, June 4th. Citigroup reiterated a “sell” rating on shares of Wartsila in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a report on Thursday, April 30th. UBS Group downgraded Wartsila from a “buy” rating to a “neutral” rating in a research report on Thursday, May 28th. Finally, Oddo Bhf began coverage on Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating on the stock.

Wartsila Price Performance

OTCMKTS WRTBY opened at $6.78 on Friday. Wartsila has a 52 week low of $5.30 and a 52 week high of $9.49. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. The stock has a market cap of $20.06 billion, a price-to-earnings ratio of 27.12 and a beta of 1.24. The company has a 50-day moving average price of $7.64 and a two-hundred day moving average price of $7.92.

Wartsila (OTCMKTS:WRTBY) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.06 earnings per share for the quarter. Wartsila had a return on equity of 24.45% and a net margin of 9.40%. Analysts forecast that Wartsila will post 0.24 EPS for the current year.

About Wartsila

Wärtsilä (OTCMKTS: WRTBY) is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company’s Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.