Andritz (OTCMKTS:ADRZY) Hits New 1-Year High – Here’s What Happened

Andritz (OTCMKTS:ADRZY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $17.25 and last traded at $17.25, with a volume of 500 shares changing hands. The stock had previously closed at $16.01.

Analyst Ratings Changes

Separately, Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Andritz Trading Up 7.7%

The firm’s 50-day simple moving average is $15.17 and its 200 day simple moving average is $14.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The firm has a market capitalization of $8.97 billion, a price-to-earnings ratio of 16.75 and a beta of 0.93.

Andritz (OTCMKTS:ADRZY) last posted its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.24 billion. Andritz had a net margin of 5.84% and a return on equity of 20.50%. Equities analysts expect that Andritz will post 1.1 earnings per share for the current year.

Andritz Company Profile

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.