Zacks Investment Research Downgrades WARTSILA OYJ/ADR (WRTBY) to Sell

WARTSILA OYJ/ADR (OTCMKTS:WRTBY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

According to Zacks, “Wärtsilä Oyj Abp provides technologies and lifecycle solutions to the marine and energy markets. It serves merchant, offshore, cruise and ferry, navy and special vessel company. Wärtsilä Oyj Abp is headquartered in Helsinki, Finland. “

WARTSILA OYJ/ADR stock traded up $0.27 during trading hours on Wednesday, hitting $3.20. 200 shares of the stock traded hands, compared to its average volume of 456. The stock has a market cap of $9.46 billion, a price-to-earnings ratio of 21.32, a PEG ratio of 1.82 and a beta of 0.52. WARTSILA OYJ/ADR has a one year low of $2.93 and a one year high of $4.69.

About WARTSILA OYJ/ADR

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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