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

Shares of Andritz (OTCMKTS:ADRZY) gapped up before the market opened on Thursday . The stock had previously closed at $16.31, but opened at $17.5350. Andritz shares last traded at $17.5350, with a volume of 500 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ADRZY. Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Andritz Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.08 and a debt-to-equity ratio of 0.22. The business has a 50 day simple moving average of $17.68 and a two-hundred day simple moving average of $16.95. The firm has a market cap of $9.12 billion, a PE ratio of 15.94 and a beta of 1.15.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.04%. As a group, equities research analysts forecast that Andritz will post 1.22 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.