Andritz (OTCMKTS:ADRZY) Reaches New 12-Month High – Here’s Why

Andritz (OTCMKTS:ADRZY)’s stock price reached a new 52-week high on Monday . The company traded as high as $16.45 and last traded at $16.45, with a volume of 101 shares traded. The stock had previously closed at $15.09.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Andritz Trading Down 1.3%

The firm’s 50 day simple moving average is $14.78 and its 200-day simple moving average is $14.69. The company has a market capitalization of $7.74 billion, a PE ratio of 14.46 and a beta of 0.96. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 0.21.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, October 30th. The company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Andritz had a net margin of 5.84% and a return on equity of 20.50%. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. As a group, equities research analysts anticipate that Andritz will post 1.1 EPS for the current year.

About Andritz

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.