Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Update

Vestas Wind Systems AS (OTCMKTS:VWDRY) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 4,912 shares, a decline of 84.5% from the June 30th total of 31,754 shares. Based on an average trading volume of 225,071 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Vestas Wind Systems AS Stock Performance

Shares of Vestas Wind Systems AS stock opened at $8.74 on Monday. The company has a current ratio of 1.03, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81. The stock’s fifty day moving average price is $9.15 and its 200-day moving average price is $9.21. The firm has a market cap of $26.10 billion, a P/E ratio of 26.49, a P/E/G ratio of 0.96 and a beta of 0.96. Vestas Wind Systems AS has a 12 month low of $5.72 and a 12 month high of $10.58.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. The company had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.48 billion. On average, equities research analysts expect that Vestas Wind Systems AS will post 0.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on VWDRY shares. Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Rothschild & Co Redburn upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Three investment analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Vestas Wind Systems AS

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.