Andritz (OTCMKTS:ADRZY) Shares Gap Up – Here’s What Happened

Andritz (OTCMKTS:ADRZY) gapped up before the market opened on Friday . The stock had previously closed at $15.07, but opened at $16.1260. Andritz shares last traded at $16.1260, with a volume of 336 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research report on Monday, September 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Andritz has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of 15.66 and a beta of 0.96. The firm has a fifty day moving average of $15.05 and a 200-day moving average of $14.80.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.24 billion. Andritz had a net margin of 5.84% and a return on equity of 20.50%. As a group, sell-side analysts anticipate that Andritz will post 1.1 EPS for the current 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.