Andritz (OTCMKTS:ADRZY) Stock Falls 11.6% – Time to Sell?

Andritz (OTCMKTS:ADRZY)’s share price traded down 11.6% during mid-day trading on Thursday. The stock traded as low as $17.59 and last traded at $17.59. 366 shares changed hands during trading, a decline of 84% from the average daily volume of 2,333 shares. The stock had previously closed at $19.90.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Andritz Stock Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.07. The company has a market cap of $9.78 billion, a PE ratio of 16.79 and a beta of 1.13. The company’s 50 day moving average price is $19.23 and its 200-day moving average price is $17.70.

Andritz (OTCMKTS:ADRZY) last posted 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 5.77% and a return on equity of 19.74%. The firm had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Equities research analysts anticipate that Andritz will post 1.23 earnings per share for the current fiscal year.

Andritz Company Profile

Andritz AG is an Austria-based international technology and engineering group headquartered in Graz. Founded in 1852, the company develops, designs and supplies plants, systems, equipment and services for industrial production and infrastructure projects.

Its main business areas include pulp and paper, metals, hydropower, and environment and energy. Andritz provides technologies for pulp and paper production, paper and tissue processing, metal forming and processing, hydropower generation, wastewater treatment, sludge management, biomass and renewable-energy applications, and related industrial services.

Andritz serves customers worldwide through production facilities, engineering operations and service locations across Europe, the Americas, Asia and other international markets.