Vestas Wind Systems A/S (OTCMKTS:VWDRY) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.57 and traded as low as $4.46. Vestas Wind Systems A/S shares last traded at $4.50, with a volume of 262,832 shares traded.

Analyst Upgrades and Downgrades

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

Vestas Wind Systems A/S Price Performance

The company has a market cap of $13.63 billion, a P/E ratio of 26.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.54 and a current ratio of 1.04. The company has a fifty day moving average price of $4.57 and a two-hundred day moving average price of $5.63.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last released its earnings results on Wednesday, February 5th. The energy company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. Vestas Wind Systems A/S had a net margin of 2.85% and a return on equity of 15.79%. On average, sell-side analysts anticipate that Vestas Wind Systems A/S will post 0.27 earnings per share for the current fiscal year.

About Vestas Wind Systems A/S

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.