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

Andritz (OTCMKTS:ADRZY) shares saw unusually-high trading volume on Monday . Approximately 16,034 shares were traded during trading, an increase of 620% from the previous session’s volume of 2,226 shares.The stock last traded at $18.99 and had previously closed at $19.50.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Andritz Price Performance

The company has a 50 day moving average of $18.63 and a 200-day moving average of $17.49. The firm has a market capitalization of $9.87 billion, a P/E ratio of 16.96 and a beta of 1.13. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a return on equity of 19.74% and a net margin of 5.77%.The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. On average, sell-side analysts predict that Andritz will post 1.23 EPS for the current year.

Andritz Company Profile

Andritz AG is an Austria-based international technology and engineering group that develops, supplies and services plants, systems, equipment and digital solutions for a range of industrial applications. Its customers include companies in the pulp and paper, hydropower, metals and environmental technology industries.

The company’s activities include machinery and production systems for pulp and paper mills, equipment and services for hydropower plants, technologies for processing and forming metals, and solutions for waste management, separation, dewatering, biomass, energy production and other environmental applications.