Andritz (OTCMKTS:ADRZY) Stock Price Up 16% – Time to Buy?

Shares of Andritz (OTCMKTS:ADRZY) rose 16% during trading on Thursday . The company traded as high as $18.10 and last traded at $18.10. Approximately 361 shares were traded during trading, a decline of 82% from the average daily volume of 2,062 shares. The stock had previously closed at $15.60.

Analyst Ratings Changes

ADRZY has been the subject of a number of recent research reports. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Andritz Stock 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 stock has a market cap of $8.71 billion, a P/E ratio of 15.23 and a beta of 1.13. The company’s 50 day moving average price is $15.99 and its 200-day moving average price is $15.89.

Andritz (OTCMKTS:ADRZY) last posted its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.02). Andritz had a return on equity of 20.19% and a net margin of 5.81%.The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.08 billion. Equities analysts forecast that Andritz will post 1.24 EPS for the current fiscal 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.