Andritz (OTCMKTS:ADRZY) Shares Gap Down – What’s Next?

Shares of Andritz (OTCMKTS:ADRZYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $20.28, but opened at $18.16. Andritz shares last traded at $18.16, with a volume of 107 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have recently commented on ADRZY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Report on ADRZY

Andritz Stock Down 10.5%

The stock’s fifty day moving average price is $17.98 and its 200 day moving average price is $17.18. The stock has a market cap of $9.44 billion, a P/E ratio of 16.21 and a beta of 1.14. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22.

Andritz (OTCMKTS:ADRZYGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. Andritz had a return on equity of 19.95% and a net margin of 5.77%. As a group, research analysts forecast that Andritz will post 1.23 earnings per share 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.

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