Andritz (OTCMKTS:ADRZY) Sets New 52-Week High – Time to Buy?

Andritz (OTCMKTS:ADRZY) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $17.41 and last traded at $17.41, with a volume of 350 shares trading hands. The stock had previously closed at $17.2035.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Andritz currently has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

The business has a fifty day moving average price of $15.61 and a 200-day moving average price of $15.04. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. The company has a market cap of $9.05 billion, a P/E ratio of 16.90 and a beta of 0.93.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. Andritz had a return on equity of 20.50% and a net margin of 5.84%.The business had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.24 billion. On average, analysts forecast that Andritz will post 1.1 earnings per share 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.