Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Posts Quarterly Earnings Results

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) posted its quarterly earnings results on Wednesday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Wärtsilä Oyj Abp had a net margin of 7.03% and a return on equity of 19.53%.

Wärtsilä Oyj Abp Stock Performance

Shares of WRTBY stock traded up $0.32 during midday trading on Wednesday, hitting $3.98. 3,595 shares of the company were exchanged, compared to its average volume of 4,866. The firm has a market capitalization of $11.72 billion, a P/E ratio of 26.53 and a beta of 1.07. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.79 and a current ratio of 1.19. Wärtsilä Oyj Abp has a 52 week low of $2.90 and a 52 week high of $4.69. The firm’s 50 day moving average price is $3.64 and its two-hundred day moving average price is $3.98.

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.