Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Rating Lowered by Berenberg Bank

Vestas Wind Systems A/S (OTCMKTS:VWDRY) was downgraded by Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other analysts have also recently commented on VWDRY. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Vestas Wind Systems A/S Trading Up 3.6 %

Vestas Wind Systems A/S stock traded up $0.17 during trading hours on Thursday, hitting $4.86. 819,435 shares of the stock traded hands, compared to its average volume of 602,202. The firm’s 50 day moving average price is $6.58 and its 200-day moving average price is $7.70. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. Vestas Wind Systems A/S has a 1 year low of $4.61 and a 1 year high of $10.62.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last announced its quarterly earnings results on Wednesday, August 14th. The energy company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.07). The company had revenue of $3.55 billion during the quarter. Vestas Wind Systems A/S had a net margin of 0.32% and a return on equity of 1.71%. On average, analysts anticipate that Vestas Wind Systems A/S will post 0.16 earnings per share for the current year.

About Vestas Wind Systems A/S

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.