Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Releases Earnings Results

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) issued 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 return on equity of 19.53% and a net margin of 7.03%.

Wärtsilä Oyj Abp Trading Up 2.5 %

Shares of WRTBY stock opened at $4.15 on Friday. The stock has a market capitalization of $12.22 billion, a price-to-earnings ratio of 26.47 and a beta of 1.07. The company has a current ratio of 1.19, a quick ratio of 0.79 and a debt-to-equity ratio of 0.17. The stock’s 50-day moving average price is $3.66 and its 200-day moving average price is $3.98. Wärtsilä Oyj Abp has a 12-month low of $2.90 and a 12-month high of $4.69.

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.