Andritz (OTCMKTS:ADRZY) Stock Crosses Below 50 Day Moving Average – Here’s Why

Andritz AG (OTCMKTS:ADRZY) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $12.00 and traded as low as $10.87. Andritz shares last traded at $10.87, with a volume of 758 shares traded.

Andritz Price Performance

The company has a quick ratio of 0.89, a current ratio of 1.16 and a debt-to-equity ratio of 0.24. The stock’s 50-day moving average price is $12.00 and its 200 day moving average price is $11.81. The firm has a market cap of $5.65 billion, a price-to-earnings ratio of 9.97 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.33 EPS for the quarter. The company had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.34 billion. Andritz had a return on equity of 23.10% and a net margin of 5.90%. Equities research analysts predict that Andritz AG will post 1.1 earnings per share for the current year.

Andritz Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 21st. Shareholders of record on Tuesday, April 1st will be issued a $0.5645 dividend. The ex-dividend date is Tuesday, April 1st. This is a positive change from Andritz’s previous dividend of $0.35. Andritz’s payout ratio is 30.56%.

About Andritz

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.