WARTSILA OYJ/ADR (OTCMKTS:WRTBY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 1,500 shares, an increase of 25.0% from the August 15th total of 1,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 15.0 days.
Several equities research analysts have commented on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of WARTSILA OYJ/ADR in a research note on Monday, July 20th. Morgan Stanley restated an “equal weight” rating on shares of WARTSILA OYJ/ADR in a report on Monday, July 20th. Royal Bank of Canada cut shares of WARTSILA OYJ/ADR from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 7th. UBS Group reissued a “buy” rating on shares of WARTSILA OYJ/ADR in a research report on Monday, July 20th. Finally, HSBC cut shares of WARTSILA OYJ/ADR from a “hold” rating to a “reduce” rating in a report on Friday, July 24th. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. WARTSILA OYJ/ADR currently has a consensus rating of “Hold” and an average price target of $1.75.
Shares of WRTBY stock opened at $1.58 on Thursday. The stock has a market capitalization of $4.67 billion, a price-to-earnings ratio of 26.34 and a beta of 0.79. The company’s fifty day simple moving average is $1.69 and its two-hundred day simple moving average is $1.62. WARTSILA OYJ/ADR has a 1 year low of $0.97 and a 1 year high of $2.55. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.32 and a quick ratio of 0.87.
WARTSILA OYJ/ADR (OTCMKTS:WRTBY) last issued its quarterly earnings data on Friday, July 17th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $1.34 billion for the quarter. WARTSILA OYJ/ADR had a return on equity of 6.79% and a net margin of 2.89%. Equities research analysts anticipate that WARTSILA OYJ/ADR will post 0.09 EPS for the current year.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be paid a dividend of $0.034 per share. The ex-dividend date is Wednesday, September 9th. WARTSILA OYJ/ADR’s dividend payout ratio is currently 50.00%.
About WARTSILA OYJ/ADR
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.
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