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

Shares of Andritz (OTCMKTS:ADRZY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $19.51 and last traded at $19.51, with a volume of 200 shares traded. The stock had previously closed at $17.5350.

Wall Street Analyst Weigh In

Several research firms have recently commented on ADRZY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Andritz has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The company’s 50-day moving average is $17.63 and its 200-day moving average is $17.04. The firm has a market cap of $10.15 billion, a price-to-earnings ratio of 17.74 and a beta of 1.15. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.81% and a return on equity of 20.04%. Equities research analysts predict that Andritz will post 1.22 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.