Vestas Wind Systems A/S (OTCMKTS:VWDRY) Cut to “Hold” at Berenberg Bank

Berenberg Bank downgraded shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) from a strong-buy rating to a hold rating in a research report report published on Thursday,Zacks.com reports.

Other research analysts have also recently issued research reports about the stock. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 7th. Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Up 3.6 %

OTCMKTS VWDRY opened at $4.86 on Thursday. The stock’s 50-day moving average price is $6.58 and its 200-day moving average price is $7.69. The company has a market capitalization of $14.72 billion, a P/E ratio of 486.00 and a beta of 1.28. The company has a quick ratio of 0.53, a current ratio of 1.02 and a debt-to-equity ratio of 1.11. Vestas Wind Systems A/S has a 52 week low of $4.61 and a 52 week high of $10.62.

About Vestas Wind Systems A/S

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.