Andritz (OTCMKTS:ADRZY) Shares Gap Up – Time to Buy?

Andritz (OTCMKTS:ADRZY) gapped up prior to trading on Wednesday . The stock had previously closed at $15.59, but opened at $16.80. Andritz shares last traded at $16.80, with a volume of 270 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ADRZY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a research report on Tuesday, April 14th. Zacks Research raised shares of Andritz from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Andritz Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. The company has a market capitalization of $9.72 billion, a PE ratio of 17.48 and a beta of 1.09. The company’s 50-day simple moving average is $16.02 and its 200-day simple moving average is $15.87.

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 the consensus estimate of $0.25 by ($0.03). Andritz had a return on equity of 20.46% and a net margin of 5.81%. As a group, sell-side analysts anticipate that Andritz will post 1.56 earnings per share for the current 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.