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

Andritz (OTCMKTS:ADRZY) gapped down prior to trading on Tuesday . The stock had previously closed at $15.3450, but opened at $13.68. Andritz shares last traded at $13.68, with a volume of 108 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on ADRZY shares. Zacks Research lowered Andritz from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Andritz presently has a consensus rating of “Hold”.

Andritz Trading Down 7.5%

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 has a fifty day simple moving average of $16.80 and a 200-day simple moving average of $15.68. The firm has a market cap of $7.11 billion, a P/E ratio of 12.79 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, March 5th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Andritz had a return on equity of 21.12% and a net margin of 5.81%.The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.79 billion. On average, equities research analysts expect 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.