Andritz (OTCMKTS:ADRZY) Trading Down 5.8% – Should You Sell?

Andritz (OTCMKTS:ADRZY) shares traded down 5.8% on Thursday . The stock traded as low as $16.31 and last traded at $16.31. 117 shares were traded during mid-day trading, a decline of 95% from the average session volume of 2,295 shares. The stock had previously closed at $17.3150.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ADRZY shares. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Andritz Stock Down 5.8%

The stock has a market capitalization of $8.48 billion, a P/E ratio of 14.83 and a beta of 1.15. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. The stock has a fifty day moving average price of $17.75 and a 200 day moving average price of $16.87.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. On average, research analysts forecast that Andritz will post 1.24 earnings per share 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.