Wartsila (OTCMKTS:WRTBY) Reaches New 12-Month Low – Should You Sell?

Shares of Wartsila (OTCMKTS:WRTBY) hit a new 52-week low on Tuesday. The company traded as low as $5.80 and last traded at $5.81, with a volume of 3,247 shares trading hands. The stock had previously closed at $6.05.

Analyst Ratings Changes

Several research firms have recently weighed in on WRTBY. Deutsche Bank Aktiengesellschaft raised shares of Wartsila from a “hold” rating to a “buy” rating in a research note on Wednesday, October 21st. Citigroup reiterated a “sell” rating on shares of Wartsila in a report on Monday, July 27th. Oddo Bhf started coverage on Wartsila in a report on Tuesday, July 7th. They set a “neutral” rating on the stock. Finally, The Goldman Sachs Group upgraded Wartsila from a “hold” rating to a “buy” rating in a research report on Tuesday, October 6th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Wartsila Stock Performance

The firm’s fifty day moving average is $6.60 and its 200-day moving average is $7.50. The company has a current ratio of 1.24, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $17.40 billion, a PE ratio of 22.62 and a beta of 1.16.

Wartsila (OTCMKTS:WRTBY) last released its quarterly earnings results on Tuesday, October 27th. The company reported $0.07 EPS for the quarter. Wartsila had a return on equity of 25.56% and a net margin of 9.77%. As a group, research analysts anticipate that Wartsila will post 0.24 earnings per share for the current year.

Wartsila Company Profile

Wärtsilä Oyj Abp is a Finland-based technology company that provides solutions for the marine and energy industries. The company develops and supplies engines, power-generation systems, energy storage solutions, and related equipment designed to support reliable, efficient and increasingly flexible energy production.

In its Marine business, Wärtsilä provides propulsion systems, engines, hybrid and electric solutions, ship design services, onboard equipment and digital technologies for commercial vessels, cruise ships, ferries and other marine applications.