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

Andritz (OTCMKTS:ADRZY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $18.16, but opened at $19.00. Andritz shares last traded at $19.00, with a volume of 200 shares trading hands.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reissued 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, Andritz presently has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The firm has a market capitalization of $9.88 billion, a PE ratio of 16.96 and a beta of 1.14. The company has a 50-day moving average price of $18.10 and a 200-day moving average price of $17.28. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Andritz had a net margin of 5.77% and a return on equity of 19.95%. Sell-side analysts forecast 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.