Andritz (OTCMKTS:ADRZY) Shares Gap Down – Time to Sell?

Andritz (OTCMKTS:ADRZYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $18.75, but opened at $17.3150. Andritz shares last traded at $17.3150, with a volume of 131 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

View Our Latest Report on ADRZY

Andritz Stock Performance

The company has a market capitalization of $9.00 billion, a P/E ratio of 15.74 and a beta of 1.15. The stock’s fifty day moving average price is $17.69 and its 200-day moving average price is $16.83. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13.

Andritz (OTCMKTS:ADRZYGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. As a group, research analysts anticipate that Andritz will post 1.24 EPS for the current fiscal year.

Andritz Company Profile

(Get Free Report)

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.

Further Reading

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