WARTSILA OYJ/ADR (OTCMKTS:WRTBY) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of WARTSILA OYJ/ADR (OTCMKTS:WRTBY) from a sell rating to a hold rating in a research report released on Sunday, Zacks.com reports.

According to Zacks, “Wärtsilä Oyj Abp provides technologies and lifecycle solutions to the marine and energy markets. It serves merchant, offshore, cruise and ferry, navy and special vessel company. Wärtsilä Oyj Abp is headquartered in Helsinki, Finland. “

WARTSILA OYJ/ADR stock opened at $2.30 on Friday. WARTSILA OYJ/ADR has a one year low of $2.26 and a one year high of $4.30. The company’s fifty day moving average price is $2.43 and its two-hundred day moving average price is $3.02. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.43 and a quick ratio of 0.89. The company has a market capitalization of $6.80 billion, a price-to-earnings ratio of 15.33 and a beta of 0.76.



WARTSILA OYJ/ADR (OTCMKTS:WRTBY) last released its quarterly earnings results on Wednesday, July 17th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). WARTSILA OYJ/ADR had a return on equity of 15.97% and a net margin of 7.16%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.53 billion. As a group, sell-side analysts anticipate that WARTSILA OYJ/ADR will post 0.19 earnings per share for the current year.

The company also recently announced a Semi-Annual dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 20th will be given a dividend of $0.036 per share. The ex-dividend date of this dividend is Thursday, September 19th. WARTSILA OYJ/ADR’s dividend payout ratio is 46.67%.

WARTSILA OYJ/ADR Company Profile

Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas, multi-fuel, and liquid fuel power plants; and seals, bearings, and related equipment for the hydropower and tidal, and a range of industrial sectors. It also provides ballast water management systems; high pressure air and gas compressors, and CNG refueling station solutions; communication, and safety and security systems; and automation, dredge control and monitoring, integrated bridge control, and measurement and control technologies.

Further Reading: Percentage Gainers

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