Andritz (OTCMKTS:ADRZY) Shares Gap Up – Time to Buy?

Andritz (OTCMKTS:ADRZY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $14.83, but opened at $15.3450. Andritz shares last traded at $15.3450, with a volume of 173 shares.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ADRZY shares. Zacks Research lowered Andritz from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Monday, February 9th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Andritz Stock Up 6.3%

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The stock’s fifty day simple moving average is $16.93 and its 200-day simple moving average is $15.64. The stock has a market cap of $7.98 billion, a P/E ratio of 14.34 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last posted its earnings results on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.79 billion. Andritz had a net margin of 5.81% and a return on equity of 21.12%. On average, research analysts anticipate that Andritz will post 1.1 earnings per share for the current year.

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.