Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Downgraded by Pareto Securities to “Hold”

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) was downgraded by equities researchers at Pareto Securities from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Wärtsilä Oyj Abp Stock Up 6.8 %

Shares of Wärtsilä Oyj Abp stock opened at $4.18 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.79. The stock has a market cap of $12.31 billion, a price-to-earnings ratio of 23.22 and a beta of 1.13. The firm’s 50-day moving average is $3.91 and its two-hundred day moving average is $3.94. Wärtsilä Oyj Abp has a 1 year low of $3.25 and a 1 year high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a net margin of 7.81% and a return on equity of 21.67%. As a group, research analysts expect that Wärtsilä Oyj Abp will post 0.18 earnings per share for the current fiscal year.

Wärtsilä Oyj Abp Company Profile

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.