Andritz (OTCMKTS:ADRZY) Shares Gap Up – Time to Buy?

Andritz (OTCMKTS:ADRZY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $18.16, but opened at $19.00. Andritz shares last traded at $19.00, with a volume of 200 shares trading hands.

Wall Street Analyst Weigh In

ADRZY has been the subject of a number of analyst reports. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Andritz currently has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.84 and a current ratio of 1.08. The firm has a 50 day moving average price of $18.10 and a 200-day moving average price of $17.28. The company has a market cap of $9.88 billion, a P/E ratio of 16.96 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The business had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.23 billion. Andritz had a return on equity of 19.95% and a net margin of 5.77%. On average, research analysts predict that Andritz will post 1.23 EPS for the current 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.