ANDRITZ AG/ADR (ADRZY) Upgraded to “Hold” at Zacks Investment Research
Zacks Investment Research upgraded shares of ANDRITZ AG/ADR (OTCMKTS:ADRZY) from a sell rating to a hold rating in a report released on Tuesday morning.
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. “
Shares of ADRZY opened at $9.95 on Tuesday. ANDRITZ AG/ADR has a one year low of $10.74 and a one year high of $12.50. The stock has a market capitalization of $5.17 billion, a PE ratio of 17.16, a PEG ratio of 1.47 and a beta of -0.69. The company has a quick ratio of 1.02, a current ratio of 1.28 and a debt-to-equity ratio of 0.64.
About ANDRITZ AG/ADR
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, such as turbines and generators; and pumps for water transport and irrigation of agricultural land, and applications in various industries, as well as turbogenerators for thermal power plants.
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