Andritz (OTCMKTS:ADRZY) Trading 5% Higher – Time to Buy?

Andritz (OTCMKTS:ADRZY)’s share price rose 5% during mid-day trading on Wednesday . The stock traded as high as $19.6340 and last traded at $19.6340. 617 shares were traded during mid-day trading, a decline of 70% from the average session volume of 2,083 shares. The stock had previously closed at $18.70.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Andritz Stock Up 5.0%

The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 17.53 and a beta of 1.14. The firm’s fifty day simple moving average is $18.11 and its 200 day simple moving average is $17.28. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.84 and a current ratio of 1.08.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.95%. The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.23 billion. On average, sell-side analysts forecast that Andritz will post 1.23 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.