Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Short Interest Update

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 8,800 shares, a growth of 144.4% from the March 31st total of 3,600 shares. Based on an average trading volume of 16,500 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Pareto Securities downgraded Wärtsilä Oyj Abp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 26th. Kepler Capital Markets raised Wärtsilä Oyj Abp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 15th.

Wärtsilä Oyj Abp Trading Down 2.0 %

Wärtsilä Oyj Abp stock opened at $3.42 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.16. Wärtsilä Oyj Abp has a 52 week low of $2.78 and a 52 week high of $4.69. The company has a market capitalization of $10.07 billion, a price-to-earnings ratio of 19.00 and a beta of 0.91. The stock has a 50-day moving average price of $3.70 and a 200 day moving average price of $3.79.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last released its earnings results on Friday, April 25th. The company reported $0.04 EPS for the quarter. Wärtsilä Oyj Abp had a return on equity of 21.67% and a net margin of 7.81%. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.66 billion. Sell-side analysts anticipate that Wärtsilä Oyj Abp will post 0.18 EPS for the current year.

Wärtsilä Oyj Abp Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Monday, March 17th were issued a $0.0456 dividend. The ex-dividend date was Monday, March 17th. This is an increase from Wärtsilä Oyj Abp’s previous dividend of $0.04. Wärtsilä Oyj Abp’s payout ratio is presently 10.53%.

About Wärtsilä Oyj Abp

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.