Andritz (OTCMKTS:ADRZY) Reaches New 52-Week High – Time to Buy?

Andritz (OTCMKTS:ADRZY)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $19.51 and last traded at $19.51, with a volume of 200 shares. The stock had previously closed at $17.5350.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Andritz has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22. The company has a 50 day moving average price of $17.63 and a 200 day moving average price of $17.04. The company has a market capitalization of $10.15 billion, a P/E ratio of 17.74 and a beta of 1.15.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.81% and a return on equity of 20.04%. On average, equities analysts predict that Andritz will post 1.22 EPS for the current fiscal 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.