Andritz (OTCMKTS:ADRZY) Shares Gap Down – Time to Sell?

Andritz (OTCMKTS:ADRZY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $19.20, but opened at $17.5828. Andritz shares last traded at $17.5828, with a volume of 250 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ADRZY shares. Zacks Research lowered Andritz from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Tuesday, April 14th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Andritz has an average rating of “Moderate Buy”.

Andritz Price Performance

The firm has a market capitalization of $9.14 billion, a P/E ratio of 15.98 and a beta of 1.13. The business has a fifty day moving average of $16.08 and a 200-day moving average of $16.08. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.08 billion. On average, sell-side analysts forecast that Andritz will post 1.24 EPS for the current fiscal 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.