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

Shares of Andritz (OTCMKTS:ADRZY) gapped down before the market opened on Wednesday . The stock had previously closed at $17.0695, but opened at $14.78. Andritz shares last traded at $14.78, with a volume of 406 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Andritz Trading Down 11.5%

The firm’s 50-day moving average is $17.25 and its 200-day moving average is $15.64. 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 firm has a market cap of $7.86 billion, a price-to-earnings ratio of 14.12 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). The business had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.79 billion. Andritz had a return on equity of 21.12% and a net margin of 5.81%. As a group, sell-side analysts anticipate that Andritz will post 1.1 EPS for the current fiscal 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.