Andritz (OTCMKTS:ADRZY) Shares Gap Up – Time to Buy?

Andritz (OTCMKTS:ADRZY) gapped up prior to trading on Wednesday . The stock had previously closed at $13.68, but opened at $14.83. Andritz shares last traded at $14.83, with a volume of 287 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research report on Monday, February 9th. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Andritz has an average rating of “Hold”.

Andritz Trading Up 8.4%

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11. The business has a fifty day simple moving average of $16.75 and a 200 day simple moving average of $15.67. The stock has a market cap of $7.71 billion, a price-to-earnings ratio of 13.86 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. Andritz had a return on equity of 21.12% and a net margin of 5.81%. As a group, equities analysts anticipate that Andritz will post 1.1 EPS 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.