Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Large Volume Increase – Should You Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw unusually-high trading volume on Friday . Approximately 254,911 shares were traded during trading, an increase of 77% from the previous session’s volume of 143,635 shares.The stock last traded at $10.06 and had previously closed at $10.04.

Analyst Ratings Changes

VWDRY has been the topic of a number of research analyst reports. Kepler Capital Markets upgraded Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 10th. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Finally, Berenberg Bank cut shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $30.30 billion, a P/E ratio of 29.41, a price-to-earnings-growth ratio of 0.61 and a beta of 1.17. The business’s 50 day simple moving average is $8.95 and its two-hundred day simple moving average is $7.40.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, November 5th. The energy company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $6.14 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. Sell-side analysts anticipate that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.