Andritz (OTCMKTS:ADRZY – Get Free Report) issued its earnings results on Thursday. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01, Zacks reports. Andritz had a return on equity of 19.74% and a net margin of 5.77%.
Andritz Trading Up 0.7%
Andritz stock traded up $0.12 during mid-day trading on Thursday, hitting $17.96. 336 shares of the stock were exchanged, compared to its average volume of 2,131. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.15. The firm’s fifty day simple moving average is $19.16 and its two-hundred day simple moving average is $17.71. Andritz has a 12 month low of $13.59 and a 12 month high of $20.45. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of 16.04 and a beta of 1.14.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
About Andritz
Andritz AG is an Austria-based international technology and engineering group that develops, manufactures and services equipment, systems and technologies for industrial production and energy generation. The company serves customers throughout the life cycle of its products, including project development, engineering, installation, automation, maintenance and aftermarket services.
Its main business areas include pulp and paper production, metals processing, hydropower, and separation and environmental technologies.
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