Vestas Wind Systems A/S (OTCMKTS:VWDRY) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Vestas Wind Systems A/S (OTCMKTS:VWDRY) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.62 and traded as low as $4.32. Vestas Wind Systems A/S shares last traded at $4.35, with a volume of 279,447 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VWDRY. Berenberg Bank cut Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 14th. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Finally, Citigroup upgraded shares of Vestas Wind Systems A/S to a “strong-buy” rating in a report on Wednesday, October 2nd.

Vestas Wind Systems A/S Trading Down 5.6 %

The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02. The firm has a 50-day simple moving average of $4.60 and a 200 day simple moving average of $6.29.

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.