Andritz (OTCMKTS:ADRZY) Shares Gap Down – What’s Next?
by Amy Steele · The Cerbat GemAndritz (OTCMKTS:ADRZY – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $17.25, but opened at $16.29. Andritz shares last traded at $16.9110, with a volume of 606 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on ADRZY
Andritz Stock Down 3.3%
The firm has a market capitalization of $8.67 billion, a PE ratio of 16.19 and a beta of 0.93. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The company has a 50-day moving average price of $15.21 and a 200 day moving average price of $14.86.
Andritz (OTCMKTS:ADRZY – Get Free Report) last issued its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. Andritz had a return on equity of 20.50% and a net margin of 5.84%.The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. Analysts forecast that Andritz will post 1.1 earnings per share for the current year.
About Andritz
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.