Andritz (OTCMKTS:ADRZY – Get Free Report) announced its earnings results on Thursday. The company reported $0.33 earnings per share for the quarter, Zacks reports. Andritz had a net margin of 5.90% and a return on equity of 23.10%.
Andritz Stock Up 4.9 %
OTCMKTS:ADRZY traded up $0.59 during trading hours on Thursday, reaching $12.62. The company had a trading volume of 1,364 shares, compared to its average volume of 11,186. The business’s 50-day simple moving average is $11.05 and its two-hundred day simple moving average is $11.86. Andritz has a twelve month low of $9.35 and a twelve month high of $14.32. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 11.58 and a beta of 0.93. The company has a quick ratio of 0.89, a current ratio of 1.16 and a debt-to-equity ratio of 0.24.
Wall Street Analysts Forecast Growth
Separately, Barclays lowered Andritz from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 4th.
About Andritz
Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.
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