Andritz (OTCMKTS:ADRZY) Sees Large Volume Increase – Here’s What Happened

Shares of Andritz (OTCMKTS:ADRZY) saw unusually-strong trading volume on Monday . Approximately 170 shares traded hands during mid-day trading, an increase of 150% from the previous session’s volume of 68 shares.The stock last traded at $16.01 and had previously closed at $15.27.

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 analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The firm has a market cap of $8.33 billion, a P/E ratio of 15.54 and a beta of 0.93. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The firm’s 50 day moving average is $15.17 and its 200 day moving average is $14.84.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share 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 business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.24 billion. As a group, analysts anticipate that Andritz will post 1.1 earnings per share 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.