Andritz (OTCMKTS:ADRZY) Sets New 12-Month High – Here’s What Happened

Andritz (OTCMKTS:ADRZY) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $20.4454 and last traded at $20.4454, with a volume of 1088 shares trading hands. The stock had previously closed at $19.6340.

Analyst Upgrades and Downgrades

ADRZY has been the topic of several research analyst reports. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Andritz Trading Up 4.8%

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 company has a market cap of $10.63 billion, a P/E ratio of 18.25 and a beta of 1.14. The business has a 50-day moving average price of $18.20 and a two-hundred day moving average price of $17.32.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). The firm had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.23 billion. Andritz had a net margin of 5.77% and a return on equity of 19.95%. On average, analysts predict that Andritz will post 1.23 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.