Andritz (OTCMKTS:ADRZY) Shares Gap Up – Still a Buy?

Andritz (OTCMKTS:ADRZY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $16.63, but opened at $18.3650. Andritz shares last traded at $18.3650, with a volume of 387 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ADRZY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research lowered Andritz from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Andritz Price Performance

The firm has a market capitalization of $9.55 billion, a P/E ratio of 16.70 and a beta of 1.13. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. The business has a 50 day simple moving average of $16.17 and a two-hundred day simple moving average of $16.22.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. On average, sell-side analysts expect that Andritz will post 1.24 EPS 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.