Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Stock Price Crosses Below Fifty Day Moving Average of $4.17

Wärtsilä Oyj Abp (OTCMKTS:WRTBY)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.17 and traded as low as $3.96. Wärtsilä Oyj Abp shares last traded at $3.96, with a volume of 355 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut Wärtsilä Oyj Abp from a “buy” rating to a “hold” rating in a report on Thursday, June 20th.

Wärtsilä Oyj Abp Stock Performance

The stock has a market cap of $11.66 billion, a PE ratio of 30.46 and a beta of 1.05. The stock has a 50-day moving average price of $4.17 and a two-hundred day moving average price of $3.56. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.17 and a quick ratio of 0.75.

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.