Andritz (OTCMKTS:ADRZY) Sees Unusually-High Trading Volume – Here’s Why

Shares of Andritz (OTCMKTS:ADRZY) saw an uptick in trading volume on Tuesday . 2,504 shares were traded during trading, an increase of 310% from the previous session’s volume of 611 shares.The stock last traded at $17.11 and had previously closed at $17.2035.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Andritz presently has an average rating of “Moderate Buy”.

Andritz Price Performance

The firm has a fifty day moving average of $15.45 and a 200 day moving average of $14.98. The company has a current ratio of 1.11, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $8.47 billion, a P/E ratio of 15.81 and a beta of 0.93.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Andritz had a net margin of 5.84% and a return on equity of 20.50%. The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. On average, equities research analysts anticipate that Andritz will post 1.1 EPS 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.