Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Significant Decline in Short Interest

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,939 shares, a decrease of 68.9% from the May 31st total of 15,903 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,005,924 shares, the short-interest ratio is presently 0.0 days.

Vestas Wind Systems AS Stock Up 2.0%

VWDRY stock opened at $8.73 on Friday. The stock has a market capitalization of $26.07 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 1.32 and a beta of 0.97. The company has a fifty day moving average of $9.53 and a 200-day moving average of $9.18. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. Vestas Wind Systems AS has a one year low of $4.90 and a one year high of $10.58.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, May 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.48 billion. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. As a group, analysts expect that Vestas Wind Systems AS will post 0.44 EPS for the current year.

Analyst Upgrades and Downgrades

VWDRY has been the subject of a number of recent research reports. Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Kepler Capital Markets upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 5th. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

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.