Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Strong Trading Volume After Analyst Upgrade

Vestas Wind Systems AS (OTCMKTS:VWDRY) shares saw an uptick in trading volume on Monday after Kepler Capital Markets upgraded the stock from a hold rating to a strong-buy rating. 704,529 shares were traded during mid-day trading, an increase of 182% from the previous session’s volume of 250,214 shares.The stock last traded at $8.9350 and had previously closed at $8.73.

Separately, Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

The stock has a fifty day simple moving average of $9.80 and a two-hundred day simple moving average of $9.09. The stock has a market cap of $26.69 billion, a price-to-earnings ratio of 27.08, a P/E/G ratio of 1.32 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its earnings results on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $4.66 billion for the quarter, compared to the consensus estimate of $4.48 billion. Vestas Wind Systems AS had a return on equity of 24.02% and a net margin of 4.44%. Analysts expect that Vestas Wind Systems AS will post 0.44 EPS for the current fiscal year.

Vestas Wind Systems AS Company Profile

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.