Andritz (OTCMKTS:ADRZY) Shares Gap Down – What’s Next?

Andritz (OTCMKTS:ADRZY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $20.4454, but opened at $19.90. Andritz shares last traded at $19.90, with a volume of 144 shares.

Analyst Ratings Changes

Separately, Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Andritz currently has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.07. The company’s 50-day moving average is $18.89 and its 200-day moving average is $17.55. The firm has a market cap of $10.35 billion, a price-to-earnings ratio of 17.77 and a beta of 1.13.

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