Andritz (OTCMKTS:ADRZY) Shares Gap Down – Time to Sell?

Shares of Andritz (OTCMKTS:ADRZY) gapped down before the market opened on Friday . The stock had previously closed at $20.28, but opened at $18.16. Andritz shares last traded at $18.16, with a volume of 107 shares trading hands.

Analysts Set New Price Targets

A number of analysts have weighed in on ADRZY shares. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Andritz Stock Performance

The firm’s 50 day moving average is $17.99 and its 200 day moving average is $17.17. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.84 and a current ratio of 1.08. The stock has a market cap of $9.44 billion, a P/E ratio of 16.21 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.95%. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.23 billion. Analysts anticipate that Andritz will post 1.22 EPS 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.