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

Andritz (OTCMKTS:ADRZY) 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.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Zacks Research downgraded shares of 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 report on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Andritz Trading Down 2.0%

The business’s 50 day simple moving average is $17.69 and its two-hundred day simple moving average is $16.83. The company has a quick ratio of 0.88, a current ratio of 1.13 and a debt-to-equity ratio of 0.23. The stock has a market cap of $9.00 billion, a P/E ratio of 15.74 and a beta of 1.15.

Andritz (OTCMKTS:ADRZY) last posted its earnings results on Wednesday, April 29th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.08 billion. Andritz had a return on equity of 20.19% and a net margin of 5.81%. As a group, analysts expect that Andritz will post 1.24 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.