Andritz (OTCMKTS:ADRZY) Sees Large Volume Increase – Should You Buy?

Andritz (OTCMKTS:ADRZY) shares saw strong trading volume on Monday . Approximately 16,850 shares traded hands during trading, an increase of 720% from the previous session’s volume of 2,056 shares.The stock last traded at $19.50 and had previously closed at $19.6340.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Thursday, May 14th. Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Andritz Stock Down 0.7%

The company has a market capitalization of $10.14 billion, a price-to-earnings ratio of 17.41 and a beta of 1.14. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84. The firm’s fifty day moving average price is $18.18 and its 200-day moving average price is $17.32.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. Andritz had a return on equity of 19.95% and a net margin of 5.77%. Sell-side analysts expect that Andritz will post 1.23 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.