Andritz (OTCMKTS:ADRZY) Sees Unusually-High Trading Volume – Should You Buy?

Andritz (OTCMKTS:ADRZY) saw strong trading volume on Thursday . 28,774 shares changed hands during trading, an increase of 1,392% from the previous session’s volume of 1,929 shares.The stock last traded at $18.06 and had previously closed at $18.1632.

Analysts Set New Price Targets

Several analysts have commented on ADRZY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research cut Andritz from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Andritz Stock Down 1.1%

The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $9.34 billion, a PE ratio of 16.33 and a beta of 1.14. The firm has a 50-day moving average of $16.59 and a two-hundred day moving average of $16.36.

Andritz (OTCMKTS:ADRZY) last posted its quarterly 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 firm 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 20.19%. On average, equities research analysts forecast that Andritz will post 1.24 EPS for the current year.

Andritz Company Profile

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.