Andritz (OTCMKTS:ADRZY) Shares Gap Up – Here’s Why

Shares of Andritz (OTCMKTS:ADRZY) gapped up prior to trading on Friday . The stock had previously closed at $15.07, but opened at $16.1260. Andritz shares last traded at $16.1260, with a volume of 336 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Andritz presently has an average rating of “Moderate Buy”.

Andritz Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11. The company has a market capitalization of $8.39 billion, a PE ratio of 15.66 and a beta of 0.96. The company has a 50 day moving average price of $15.05 and a 200 day moving average price of $14.80.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Andritz had a net margin of 5.84% and a return on equity of 20.50%. The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. Equities 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.