Andritz (OTCMKTS:ADRZY) Sees Strong Trading Volume – Should You Buy?

Andritz (OTCMKTS:ADRZY) saw unusually-high trading volume on Tuesday . Approximately 12,475 shares were traded during mid-day trading, an increase of 130% from the previous session’s volume of 5,428 shares.The stock last traded at $14.90 and had previously closed at $14.58.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research report on Monday, September 29th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Andritz Stock Down 1.9%

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.11 and a quick ratio of 0.85. The firm’s 50 day moving average price is $14.56 and its two-hundred day moving average price is $14.54. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 14.66 and a beta of 0.93.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Andritz had a return on equity of 21.09% and a net margin of 5.81%.The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.24 billion. As a group, sell-side analysts forecast that Andritz will post 1.1 earnings per share for the current fiscal year.

Andritz Company Profile

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.