Andritz (OTCMKTS:ADRZY) Shares Gap Down – Time to Sell?

Shares of Andritz (OTCMKTS:ADRZYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $18.75, but opened at $17.3150. Andritz shares last traded at $17.3150, with a volume of 131 shares.

Analyst Ratings Changes

ADRZY has been the subject of several recent research reports. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Report on ADRZY

Andritz Stock Performance

The company’s 50-day moving average price is $17.74 and its two-hundred day moving average price is $16.86. The stock has a market cap of $9.00 billion, a PE ratio of 15.74 and a beta of 1.15. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13.

Andritz (OTCMKTS:ADRZYGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $2.08 billion. On average, equities research analysts forecast that Andritz will post 1.24 EPS for the current year.

Andritz Company Profile

(Get Free Report)

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.

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