Shares of WARTSILA OYJ/ADR (OTCMKTS:WRTBY) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $2.42 and last traded at $2.55, with a volume of 300 shares trading hands. The stock had previously closed at $2.42.
Separately, Zacks Investment Research cut Horiba from a “hold” rating to a “sell” rating in a research note on Wednesday, May 22nd.
The company has a debt-to-equity ratio of 0.45, a current ratio of 1.43 and a quick ratio of 0.89. The company has a market cap of $7.53 billion, a P/E ratio of 16.97, a P/E/G ratio of 1.74 and a beta of 0.74. The business’s 50 day simple moving average is $2.80.
Wärtsilä Oyj Abp provides technologies and lifecycle solutions for the marine and energy markets worldwide. The company offers gas, multi-fuel, and liquid fuel power plants; and seals, bearings, and related equipment for the hydropower and tidal, and a range of industrial sectors. It also provides ballast water management systems; high pressure air and gas compressors, and CNG refueling station solutions; communication, and safety and security systems; and automation, dredge control and monitoring, integrated bridge control, and measurement and control technologies.
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