Vestas Wind Systems A/S (OTCMKTS:VWDRY) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Shares of Vestas Wind Systems A/S (OTCMKTS:VWDRY) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.80 and traded as low as $4.48. Vestas Wind Systems A/S shares last traded at $4.60, with a volume of 240,169 shares.

Vestas Wind Systems A/S Trading Up 1.1 %

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.54 and a current ratio of 1.04. The company’s 50 day moving average is $4.80 and its 200 day moving average is $5.26. The stock has a market capitalization of $13.94 billion, a price-to-earnings ratio of 27.06 and a beta of 1.25.

Vestas Wind Systems A/S (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, February 5th. The energy company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. Vestas Wind Systems A/S had a net margin of 2.85% and a return on equity of 15.79%. On average, research 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. The ex-dividend date of this dividend is Thursday, April 10th. This is a positive change from Vestas Wind Systems A/S’s previous dividend of $0.01. Vestas Wind Systems A/S’s dividend payout ratio (DPR) is presently 5.88%.

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.