Andritz (OTCMKTS:ADRZY) Sees Strong Trading Volume – Here’s Why

Andritz (OTCMKTS:ADRZY) saw unusually-high trading volume on Tuesday . Approximately 9,775 shares were traded during mid-day trading, an increase of 441% from the previous session’s volume of 1,806 shares.The stock last traded at $16.4594 and had previously closed at $15.89.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Tuesday, April 14th. Zacks Research upgraded Andritz from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat, Andritz has a consensus rating of “Strong Buy”.

Andritz Stock Up 0.2%

The stock’s fifty day moving average price is $16.18 and its 200 day moving average price is $15.83. The stock has a market cap of $8.50 billion, a P/E ratio of 15.28 and a beta of 1.09. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Andritz had a return on equity of 20.46% and a net margin of 5.81%.The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.79 billion. As a group, research analysts forecast that Andritz will post 1.56 earnings per share for the current fiscal 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.