Andritz (OTCMKTS:ADRZY) Shares Gap Up – Time to Buy?
by Doug Wharley · The Cerbat GemShares of Andritz (OTCMKTS:ADRZY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $16.63, but opened at $18.3650. Andritz shares last traded at $18.3650, with a volume of 387 shares trading hands.
Analyst Upgrades and Downgrades
ADRZY has been the topic of a number of recent research reports. Zacks Research lowered Andritz from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on Andritz
Andritz Stock Performance
The company’s fifty day simple moving average is $16.30 and its 200 day simple moving average is $16.27. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $9.55 billion, a price-to-earnings ratio of 16.70 and a beta of 1.13.
Andritz (OTCMKTS:ADRZY – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.02). The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. On average, equities research analysts expect that Andritz will post 1.24 earnings per share for the current year.
Andritz Company Profile
Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.
In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.