Andritz (OTCMKTS:ADRZY) Shares Gap Down – Here’s Why

Andritz (OTCMKTS:ADRZY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $18.60, but opened at $17.17. Andritz shares last traded at $17.3656, with a volume of 1,098 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Andritz Trading Down 4.1%

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 business’s fifty day moving average is $16.51 and its 200 day moving average is $15.35. The stock has a market cap of $9.03 billion, a PE ratio of 16.86 and a beta of 0.96.

About Andritz

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.