Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) saw unusually-high trading volume on Thursday . Approximately 272,585 shares traded hands during trading, an increase of 12% from the previous session’s volume of 242,692 shares.The stock last traded at $9.00 and had previously closed at $8.34.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vestas Wind Systems AS presently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Up 8.3%

The stock has a market cap of $26.97 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 0.93 and a beta of 0.96. The firm has a 50-day moving average price of $9.04 and a 200-day moving average price of $9.18. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The firm had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $4.48 billion. Vestas Wind Systems AS had a return on equity of 24.02% and a net margin of 4.44%. As a group, equities analysts anticipate that Vestas Wind Systems AS will post 0.46 EPS for the current fiscal year.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.