WARTSILA OYJ/ADR (OTCMKTS:WRTBY) Stock Rating Upgraded by Zacks Investment Research

WARTSILA OYJ/ADR (OTCMKTS:WRTBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks.com reports.

According to Zacks, “Wärtsilä Oyj Abp provides technologies and lifecycle solutions to the marine and energy markets. It serves merchant, offshore, cruise and ferry, navy and special vessel company. Wärtsilä Oyj Abp is headquartered in Helsinki, Finland. “

WRTBY remained flat at $$2.38 during mid-day trading on Thursday. The firm has a market cap of $7.04 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 1.72 and a beta of 0.73. The company has a quick ratio of 0.89, a current ratio of 1.43 and a debt-to-equity ratio of 0.45. The business’s fifty day moving average is $2.61 and its 200-day moving average is $3.12. WARTSILA OYJ/ADR has a twelve month low of $2.38 and a twelve month high of $4.30.

WARTSILA OYJ/ADR (OTCMKTS:WRTBY) last announced its quarterly earnings data on Wednesday, July 17th. The company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.02). The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.53 billion. WARTSILA OYJ/ADR had a net margin of 7.16% and a return on equity of 15.97%. On average, analysts predict that WARTSILA OYJ/ADR will post 0.19 earnings per share for the current year.

WARTSILA OYJ/ADR Company Profile

Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas, multi-fuel, and liquid fuel power plants; and seals, bearings, and related equipment for the hydropower and tidal, and a range of industrial sectors. It also provides ballast water management systems; high pressure air and gas compressors, and CNG refueling station solutions; communication, and safety and security systems; and automation, dredge control and monitoring, integrated bridge control, and measurement and control technologies.

Further Reading: Equity Income

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