Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Vestas Wind Systems A/S (OTCMKTS:VWDRY)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $4.62 and traded as low as $4.32. Vestas Wind Systems A/S shares last traded at $4.35, with a volume of 279,447 shares trading hands.

Analyst Ratings Changes

VWDRY has been the subject of several recent research reports. Citigroup raised Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Berenberg Bank lowered shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 14th. Finally, Fearnley Fonds raised shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th.

Vestas Wind Systems A/S Trading Down 5.6 %

The stock’s fifty day simple moving average is $4.60 and its two-hundred day simple moving average is $6.29. The company has a quick ratio of 0.54, a current ratio of 1.02 and a debt-to-equity ratio of 1.08.

About Vestas Wind Systems A/S

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.