Andritz (OTCMKTS:ADRZY) Shares Gap Down – What’s Next?

Andritz (OTCMKTS:ADRZY) shares gapped down before the market opened on Friday . The stock had previously closed at $17.25, but opened at $16.29. Andritz shares last traded at $16.9110, with a volume of 606 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Andritz presently has an average rating of “Moderate Buy”.

Andritz Trading Down 3.3%

The firm has a market capitalization of $8.67 billion, a P/E ratio of 16.19 and a beta of 0.93. The company has a current ratio of 1.11, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $15.21 and a 200-day simple moving average of $14.86.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Andritz had a net margin of 5.84% and a return on equity of 20.50%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.24 billion. On average, equities research analysts forecast that Andritz will post 1.1 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.