Shares of Andritz (OTCMKTS:ADRZY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $20.4454, but opened at $19.90. Andritz shares last traded at $19.90, with a volume of 144 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Andritz currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Andritz
Andritz Price Performance
Andritz (OTCMKTS:ADRZY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.74%. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.23 billion. Equities research analysts expect that Andritz will post 1.23 earnings per share for the current fiscal 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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