Vestas Wind Systems A/S (OTCMKTS:VWDRY) Hits New 12-Month Low – Here’s What Happened

Vestas Wind Systems A/S (OTCMKTS:VWDRY) shares hit a new 52-week low on Friday . The stock traded as low as $4.11 and last traded at $4.18, with a volume of 408400 shares trading hands. The stock had previously closed at $4.70.

Vestas Wind Systems A/S Trading Down 11.1 %

The business has a 50 day simple moving average of $4.81 and a two-hundred day simple moving average of $5.25. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 0.87. The company has a market cap of $12.67 billion, a PE ratio of 24.59 and a beta of 1.25.

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, topping the consensus estimate of $0.17 by $0.04. Vestas Wind Systems A/S had a return on equity of 15.79% and a net margin of 2.85%. On average, analysts forecast that Vestas Wind Systems A/S will post 0.27 EPS for the current fiscal year.

Vestas Wind Systems A/S Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, April 10th will be issued a dividend of $0.0158 per share. This is an increase from Vestas Wind Systems A/S’s previous dividend of $0.01. The ex-dividend date is Thursday, April 10th. Vestas Wind Systems A/S’s dividend payout ratio is presently 5.88%.

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.