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

Andritz (OTCMKTS:ADRZY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $13.68, but opened at $14.83. Andritz shares last traded at $14.83, with a volume of 287 shares trading hands.

Wall Street Analysts Forecast Growth

ADRZY has been the subject of several recent research reports. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Monday, February 9th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Andritz Stock Performance

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 capitalization of $7.71 billion, a price-to-earnings ratio of 13.86 and a beta of 0.97. The stock’s 50 day moving average price is $16.75 and its two-hundred day moving average price is $15.67.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. Andritz had a net margin of 5.81% and a return on equity of 21.12%. On average, analysts forecast that Andritz will post 1.1 EPS 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.