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

Andritz (OTCMKTS:ADRZY) gapped down prior to trading 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 traded.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Andritz Trading Down 10.5%

The stock’s 50-day moving average price is $17.99 and its 200 day moving average price is $17.17. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84. The firm has a market capitalization of $9.44 billion, a PE ratio of 16.21 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share 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 19.95%. The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. On average, sell-side analysts expect that Andritz will post 1.22 EPS for the current fiscal year.

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.