Andritz (OTCMKTS:ADRZY) Shares Gap Down – Should You Sell?

Shares of Andritz (OTCMKTS:ADRZY) gapped down before the market opened on Friday . The stock had previously closed at $18.75, but opened at $17.6750. Andritz shares last traded at $17.6750, with a volume of 397 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ADRZY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a report on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Andritz Price Performance

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 business’s 50-day moving average is $17.57 and its two-hundred day moving average is $16.72. The company has a market capitalization of $9.19 billion, a P/E ratio of 16.07 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. As a group, analysts predict that Andritz will post 1.24 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.