Shares of Andritz (OTCMKTS:ADRZY – Get Free Report) saw unusually-high trading volume on Monday . Approximately 16,034 shares changed hands during trading, an increase of 620% from the previous session’s volume of 2,226 shares.The stock last traded at $18.99 and had previously closed at $19.50.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Andritz currently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on ADRZY
Andritz Stock Down 7.1%
Andritz (OTCMKTS:ADRZY – Get Free Report) last issued 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). Andritz had a net margin of 5.77% and a return on equity of 19.74%. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.23 billion. On average, equities analysts anticipate that Andritz will post 1.23 earnings per share for the current year.
About Andritz
Andritz AG is an Austria-based international technology and engineering group that develops, supplies and services plants, systems, equipment and digital solutions for a range of industrial applications. Its customers include companies in the pulp and paper, hydropower, metals and environmental technology industries.
The company’s activities include machinery and production systems for pulp and paper mills, equipment and services for hydropower plants, technologies for processing and forming metals, and solutions for waste management, separation, dewatering, biomass, energy production and other environmental applications.
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