Vestas Wind Systems A/S (OTCMKTS:VWDRY) Reaches New 1-Year Low – What’s Next?

Vestas Wind Systems A/S (OTCMKTS:VWDRY)’s share price reached a new 52-week low on Friday . The stock traded as low as $4.19 and last traded at $4.26, with a volume of 554733 shares changing hands. The stock had previously closed at $4.43.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Fearnley Fonds raised Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Citigroup upgraded Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Berenberg Bank cut shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 14th.

Vestas Wind Systems A/S Stock Performance

The stock’s 50-day simple moving average is $4.73 and its 200-day simple moving average is $6.47. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 426.00 and a beta of 1.21. The company has a current ratio of 1.02, a quick ratio of 0.54 and a debt-to-equity ratio of 1.08.

Vestas Wind Systems A/S Company Profile

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.