Vestas Wind Systems A/S (OTCMKTS:VWDRY) Reaches New 1-Year Low – Here’s What Happened

Vestas Wind Systems A/S (OTCMKTS:VWDRY) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $4.19 and last traded at $4.26, with a volume of 554733 shares. The stock had previously closed at $4.43.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on VWDRY shares. Fearnley Fonds raised shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 7th. Berenberg Bank downgraded shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 14th. Finally, Citigroup raised shares of Vestas Wind Systems A/S to a “strong-buy” rating in a report on Wednesday, October 2nd.

Vestas Wind Systems A/S Trading Down 3.8 %

The company has a debt-to-equity ratio of 1.08, a current ratio of 1.02 and a quick ratio of 0.54. The firm has a market capitalization of $12.91 billion, a PE ratio of 426.00 and a beta of 1.21. The company’s fifty day simple moving average is $4.77 and its 200-day simple moving average is $6.51.

Vestas Wind Systems A/S Company Profile

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.