ValuEngine Upgrades VESTAS WIND Sys/ADR (OTCMKTS:VWDRY) to “Sell”

ValuEngine upgraded shares of VESTAS WIND Sys/ADR (OTCMKTS:VWDRY) from a strong sell rating to a sell rating in a research report released on Wednesday, September 12th.

Separately, JPMorgan Chase & Co. reaffirmed a buy rating on shares of VESTAS WIND Sys/ADR in a report on Monday, July 9th.

Shares of VWDRY traded down $0.39 during mid-day trading on Wednesday, reaching $20.54. 21,835 shares of the stock traded hands, compared to its average volume of 64,375. VESTAS WIND Sys/ADR has a 12-month low of $19.12 and a 12-month high of $30.67. The firm has a market capitalization of $14.54 billion, a P/E ratio of 14.06 and a beta of 0.35.

VESTAS WIND Sys/ADR (OTCMKTS:VWDRY) last released its quarterly earnings results on Wednesday, August 15th. The energy company reported $0.37 earnings per share for the quarter. VESTAS WIND Sys/ADR had a net margin of 8.48% and a return on equity of 27.36%. The business had revenue of $2.70 billion during the quarter.

About VESTAS WIND Sys/ADR

Vestas Wind Systems A/S designs, manufactures, installs, and services wind turbines worldwide. The company operates in two segments, Power Solutions and Service. The Power Solutions segment sells wind power plants, wind turbines, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

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