Andritz (OTCMKTS:ADRZY) Shares Gap Up – Should You Buy?

Andritz (OTCMKTS:ADRZY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $14.21, but opened at $15.10. Andritz shares last traded at $15.10, with a volume of 153 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Andritz presently has a consensus rating of “Hold”.

Andritz Stock Performance

The firm has a fifty day simple moving average of $14.65 and a 200-day simple moving average of $14.02. The company has a market cap of $7.89 billion, a PE ratio of 14.87 and a beta of 0.93. The company has a quick ratio of 0.86, a current ratio of 1.11 and a debt-to-equity ratio of 0.24.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Thursday, July 31st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). Andritz had a net margin of 5.81% and a return on equity of 21.31%. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $1.93 billion. On average, research analysts forecast that Andritz will post 1.1 EPS for the current fiscal year.

About Andritz

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.