Vestas Wind Systems AS (OTCMKTS:VWDRY) Short Interest Update

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 3,052 shares, a drop of 40.6% from the February 26th total of 5,139 shares. Based on an average daily volume of 384,359 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Vestas Wind Systems AS Trading Up 0.1%

Vestas Wind Systems AS stock opened at $8.90 on Friday. Vestas Wind Systems AS has a 12-month low of $3.96 and a 12-month high of $10.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.00 and a quick ratio of 0.66. The stock has a market capitalization of $26.96 billion, a PE ratio of 29.66, a price-to-earnings-growth ratio of 1.34 and a beta of 1.20. The firm has a 50 day simple moving average of $8.72 and a 200-day simple moving average of $8.04.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The business had revenue of $7.40 billion during the quarter, compared to analysts’ expectations of $6.41 billion. Vestas Wind Systems AS had a return on equity of 23.30% and a net margin of 4.22%. As a group, equities research analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on VWDRY. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Kepler Capital Markets lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Vestas Wind Systems AS Company Profile

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.