Andritz (OTCMKTS:ADRZY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Andritz (OTCMKTS:ADRZY) saw strong trading volume on Tuesday . 2,504 shares were traded during mid-day trading, an increase of 310% from the previous session’s volume of 611 shares.The stock last traded at $17.11 and had previously closed at $17.2035.

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 investment 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 has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The company has a current ratio of 1.11, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $8.47 billion, a PE ratio of 15.81 and a beta of 0.93. The firm has a 50 day moving average price of $15.45 and a 200 day moving average price of $14.98.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Thursday, October 30th. The company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Andritz had a return on equity of 20.50% and a net margin of 5.84%.The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. Research 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.