Andritz (OTCMKTS:ADRZY) Shares Gap Up – What’s Next?

Andritz (OTCMKTS:ADRZY) gapped up before the market opened on Friday . The stock had previously closed at $17.1545, but opened at $18.4424. Andritz shares last traded at $18.4424, with a volume of 173 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ADRZY shares. Zacks Research lowered Andritz from a “hold” rating to a “strong sell” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Andritz 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 company has a market cap of $9.59 billion, a PE ratio of 16.77 and a beta of 1.14. The stock has a 50-day simple moving average of $16.95 and a 200 day simple moving average of $16.47.

Andritz (OTCMKTS:ADRZY) last posted its earnings results on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. Equities analysts expect that Andritz will post 1.24 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.