Vestas Wind Systems A/S (OTCMKTS:VWDRY) Upgraded to “Strong-Buy” at Berenberg Bank

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

Vestas Wind Systems A/S Stock Performance

Shares of VWDRY stock opened at $5.60 on Wednesday. The firm’s 50-day simple moving average is $4.69 and its two-hundred day simple moving average is $4.73. Vestas Wind Systems A/S has a 52 week low of $3.96 and a 52 week high of $9.93. The firm has a market cap of $16.97 billion, a price-to-earnings ratio of 32.94 and a beta of 1.31. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.54 and a current ratio of 1.04.

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.