Andritz (OTCMKTS:ADRZY – Get Free Report) shares saw strong trading volume on Thursday . 28,774 shares traded hands during mid-day trading, an increase of 1,392% from the previous session’s volume of 1,929 shares.The stock last traded at $18.06 and had previously closed at $18.1632.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on ADRZY shares. Zacks Research cut shares of Andritz from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on ADRZY
Andritz Stock Performance
Andritz (OTCMKTS:ADRZY – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). Andritz had a net margin of 5.81% and a return on equity of 20.19%. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. Equities research analysts anticipate that Andritz will post 1.24 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.
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