ANDRITZ AG/ADR (ADRZY) Downgraded to “Sell” at Zacks Investment Research
ANDRITZ AG/ADR (OTCMKTS:ADRZY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Thursday.
According to Zacks, “Andritz AG is engages in the provision of plants, equipment and services for hydropower stations. Its operating segment consists of Hydro; Pulp & Paper; Metals and Separation. Hydro segment installs and offers electromechanical systems, pumps and hydropower equipment. Pulp & Paper segment manufactures and trades tissue, board and paper products. Metals segment processes cold-rolled carbon steel, metal strip and stainless steel. Separation segment produces belts, screw passes, screens, drains cantrifuges, discs, drum filters, filter presses, separators, thickeners, flocculent systems and thermal systems. Andritz AG is headquartered in Graz, Austria. “
ANDRITZ AG/ADR stock remained flat at $$9.26 during trading on Thursday. The company had a trading volume of 3,000 shares. ANDRITZ AG/ADR has a fifty-two week low of $8.52 and a fifty-two week high of $10.15. The company has a current ratio of 1.28, a quick ratio of 1.03 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $5.02 billion, a P/E ratio of 15.96, a price-to-earnings-growth ratio of 1.30 and a beta of 0.53.
Andritz AG provides plants, equipment, and services for hydropower stations, pulp and paper industry, metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors. It operates through four segments: Hydro, Pulp & Paper, Metals, and Separation. The Hydro segment supplies electromechanical equipment, including turbines, generators, and additional equipment for hydro applications; pumps for water transport, irrigation of agricultural land, and applications in various industries; and turbogenerators for thermal power plants.
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