Vestas Wind Systems A/S (OTCMKTS:VWDRY) Reaches New 1-Year Low – Here’s What Happened

Vestas Wind Systems A/S (OTCMKTS:VWDRY) hit a new 52-week low during trading on Friday . The company traded as low as $4.19 and last traded at $4.26, with a volume of 554733 shares changing hands. The stock had previously closed at $4.43.

Analysts Set New Price Targets

VWDRY has been the subject of a number of recent research reports. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th.

Vestas Wind Systems A/S Trading Down 3.8 %

The stock has a market capitalization of $12.91 billion, a price-to-earnings ratio of 426.00 and a beta of 1.21. The company’s 50-day moving average is $4.77 and its 200-day moving average is $6.51. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08.

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.