Vestas Wind Systems A/S (OTCMKTS:VWDRY – Get Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $7.27 and traded as low as $6.23. Vestas Wind Systems A/S shares last traded at $6.25, with a volume of 555,144 shares trading hands.
Analyst Ratings Changes
Separately, Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research note on Wednesday, October 2nd.
View Our Latest Analysis on Vestas Wind Systems A/S
Vestas Wind Systems A/S Stock Up 2.6 %
Vestas Wind Systems A/S (OTCMKTS:VWDRY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.07). The firm had revenue of $3.55 billion during the quarter. Vestas Wind Systems A/S had a negative return on equity of 1.60% and a negative net margin of 0.32%. On average, sell-side analysts forecast that Vestas Wind Systems A/S will post 0.17 earnings per share 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.
Further Reading
- Five stocks we like better than Vestas Wind Systems A/S
- Manufacturing Stocks Investing
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Vestas Wind Systems A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vestas Wind Systems A/S and related companies with MarketBeat.com's FREE daily email newsletter.