Andritz (OTCMKTS:ADRZY) Hits New 52-Week High – Still a Buy?

Andritz (OTCMKTS:ADRZY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $17.25 and last traded at $17.25, with a volume of 500 shares. The stock had previously closed at $16.01.

Analysts Set New Price Targets

Separately, Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Andritz Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $8.67 billion, a price-to-earnings ratio of 16.19 and a beta of 0.93. The stock’s 50-day simple moving average is $15.24 and its 200 day simple moving average is $14.88.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.24 billion. Andritz had a net margin of 5.84% and a return on equity of 20.50%. Analysts expect that Andritz will post 1.1 earnings per share for the current fiscal 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.