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

Andritz (OTCMKTS:ADRZY) shares gapped up prior to trading on Wednesday . The stock had previously closed at $14.25, but opened at $15.32. Andritz shares last traded at $14.75, with a volume of 3,880 shares changing hands.

Andritz Stock Performance

The firm has a market cap of $7.88 billion, a price-to-earnings ratio of 14.85 and a beta of 0.87. The stock’s 50 day moving average is $14.81 and its 200 day moving average is $13.49. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.24.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). Andritz had a net margin of 5.81% and a return on equity of 21.31%. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $1.93 billion. Analysts anticipate that Andritz will post 1.1 earnings per share for the current year.

Andritz Company Profile

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.