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

Andritz (OTCMKTS:ADRZY)’s stock price 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 changing hands.

Analysts Set New Price Targets

A number of research analysts have recently commented on ADRZY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Monday, February 9th. Zacks Research lowered Andritz from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Andritz Stock Performance

The company’s 50-day moving average is $16.67 and its two-hundred day moving average is $15.66. The company has a market capitalization of $7.71 billion, a P/E ratio of 13.86 and a beta of 1.09. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 0.21.

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