Andritz (OTCMKTS:ADRZF) Trading Up 16.4% – Time to Buy?

Shares of Andritz AG (OTCMKTS:ADRZFGet Free Report) shot up 16.4% during mid-day trading on Tuesday . The stock traded as high as $86.5310 and last traded at $86.5310. 500 shares were traded during trading, an increase of 3% from the average session volume of 485 shares. The stock had previously closed at $74.3550.

Andritz Stock Up 16.4%

The business has a 50 day simple moving average of $74.50 and a 200-day simple moving average of $71.65.

About Andritz

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Andritz AG is an international technology group headquartered in Graz, Austria, specializing in the supply of plants, equipment and services for a range of industries. The company’s core business activities encompass hydropower, pulp and paper, metals and solid/liquid separation. By providing tailored turnkey solutions and after‐sales support, Andritz serves customers seeking to optimize operational efficiency, reduce environmental impact and implement advanced automation and digitalization technologies.

In the hydropower sector, Andritz designs and manufactures turbine and generator systems, as well as related electrical and mechanical equipment, to meet the requirements of large and small hydroelectric power stations.

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