Andritz (OTCMKTS:ADRZY) Shares Down 5.8% – Time to Sell?

Andritz (OTCMKTS:ADRZY)’s share price dropped 5.8% during trading on Thursday . The company traded as low as $16.31 and last traded at $16.31. Approximately 117 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 2,295 shares. The stock had previously closed at $17.3150.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ADRZY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Andritz presently has an average rating of “Moderate Buy”.

Andritz Stock Up 3.0%

The firm has a market cap of $8.74 billion, a price-to-earnings ratio of 15.27 and a beta of 1.15. The stock has a 50-day moving average of $17.76 and a 200-day moving average of $16.87. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.02). The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. As a group, sell-side analysts forecast that Andritz will post 1.22 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.