Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Sees Large Decline in Short Interest

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a decrease of 36.4% from the December 31st total of 1,100 shares. Based on an average trading volume of 10,300 shares, the short-interest ratio is currently 0.1 days.

Wärtsilä Oyj Abp Stock Performance

WRTBY opened at $3.97 on Thursday. The company has a market cap of $11.69 billion, a price-to-earnings ratio of 26.47 and a beta of 1.05. The firm’s fifty day simple moving average is $3.62 and its two-hundred day simple moving average is $4.00. The company has a quick ratio of 0.75, a current ratio of 1.16 and a debt-to-equity ratio of 0.18. Wärtsilä Oyj Abp has a 52-week low of $2.87 and a 52-week high of $4.69.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.05 earnings per share (EPS) for the quarter. Wärtsilä Oyj Abp had a return on equity of 20.03% and a net margin of 7.03%. The company had revenue of $1.89 billion for the quarter. Equities analysts anticipate that Wärtsilä Oyj Abp will post 0.16 earnings per share for the current fiscal year.

About Wärtsilä Oyj Abp

Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.