Vestas Wind Systems A/S (OTCMKTS:VWDRY) Sets New 52-Week Low – What’s Next?

Vestas Wind Systems A/S (OTCMKTS:VWDRY)’s stock price reached a new 52-week low on Friday . The stock traded as low as $4.31 and last traded at $4.37, with a volume of 652665 shares trading hands. The stock had previously closed at $4.42.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VWDRY. Berenberg Bank downgraded shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 14th. Citigroup upgraded Vestas Wind Systems A/S to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, 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.

Vestas Wind Systems A/S Stock Performance

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 stock has a market capitalization of $13.24 billion, a P/E ratio of 437.00 and a beta of 1.19. The company has a 50 day simple moving average of $5.22 and a 200-day simple moving average of $6.90.

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.