Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Sees Large Decrease in Short Interest

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a decline of 36.4% from the December 31st total of 1,100 shares. Based on an average daily volume of 10,300 shares, the short-interest ratio is presently 0.1 days.

Wärtsilä Oyj Abp Stock Performance

OTCMKTS:WRTBY opened at $3.97 on Thursday. The company’s 50-day moving average is $3.62 and its two-hundred day moving average is $4.00. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 26.47 and a beta of 1.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.16 and a quick ratio of 0.75. Wärtsilä Oyj Abp has a 1-year low of $2.87 and a 1-year high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last posted its earnings results on Tuesday, October 29th. The company reported $0.05 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a return on equity of 20.03% and a net margin of 7.03%. The company had revenue of $1.89 billion during the quarter. Analysts forecast that Wärtsilä Oyj Abp will post 0.16 EPS for the current year.

Wärtsilä Oyj Abp Company Profile

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.