Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Large Volume Increase – Here’s What Happened

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw unusually-high trading volume on Monday . Approximately 403,966 shares were traded during mid-day trading, an increase of 71% from the previous session’s volume of 236,387 shares.The stock last traded at $10.0750 and had previously closed at $9.89.

Analyst Ratings Changes

Several equities analysts recently issued reports on VWDRY shares. Kepler Capital Markets cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Rothschild & Co Redburn upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

The business’s 50 day moving average price is $9.12 and its 200 day moving average price is $8.69. The stock has a market capitalization of $30.69 billion, a P/E ratio of 33.77, a price-to-earnings-growth ratio of 1.55 and a beta of 1.01. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.00 and a quick ratio of 0.66.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. Sell-side analysts forecast that Vestas Wind Systems AS will post 0.41 EPS for the current year.

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.