Wartsila (OTCMKTS:WRTBY) Reaches New 52-Week High – Should You Buy?

Shares of Wartsila (OTCMKTS:WRTBY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $4.89 and last traded at $4.85, with a volume of 4620 shares traded. The stock had previously closed at $4.29.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WRTBY. Pareto Securities downgraded shares of Wartsila from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 26th. Kepler Capital Markets upgraded Wartsila from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 15th.

Wartsila Stock Performance

The firm has a 50 day moving average price of $4.13 and a 200-day moving average price of $3.87. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.80 and a current ratio of 1.17. The company has a market cap of $14.21 billion, a P/E ratio of 25.40 and a beta of 1.13.

Wartsila (OTCMKTS:WRTBY) last posted its earnings results on Friday, April 25th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.66 billion. Wartsila had a net margin of 8.09% and a return on equity of 22.57%. On average, research analysts predict that Wartsila will post 0.18 EPS for the current year.

Wartsila 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.