Andritz (OTCMKTS:ADRZY) Sees Large Volume Increase – Still a Buy?

Andritz (OTCMKTS:ADRZY) saw an uptick in trading volume on Monday . 804 shares changed hands during trading, a decline of 9% from the previous session’s volume of 879 shares.The stock last traded at $17.40 and had previously closed at $17.3750.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Monday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Andritz Stock Performance

The firm’s 50 day simple moving average is $16.26 and its 200 day simple moving average is $15.27. The firm has a market capitalization of $9.67 billion, a price-to-earnings ratio of 18.06 and a beta of 0.96. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11.

About Andritz

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.