Vestas Wind Systems A/S (OTCMKTS:VWDRY) Reaches New 12-Month Low – Should You Sell?

Vestas Wind Systems A/S (OTCMKTS:VWDRY) shares reached a new 52-week low on Tuesday . The stock traded as low as $5.74 and last traded at $5.81, with a volume of 530900 shares changing hands. The stock had previously closed at $6.51.

Wall Street Analyst Weigh In

Separately, Citigroup raised Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Performance

The firm has a market capitalization of $17.60 billion, a PE ratio of -217.00 and a beta of 1.28. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. The company has a 50-day moving average of $7.04 and a 200 day moving average of $7.92.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, August 14th. The energy company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.07). The firm had revenue of $3.55 billion for the quarter. Vestas Wind Systems A/S had a negative return on equity of 1.60% and a negative net margin of 0.32%. Equities research analysts predict that Vestas Wind Systems A/S will post 0.17 EPS for the current year.

Vestas Wind Systems A/S Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.