Andritz (OTCMKTS:ADRZY) Shares Up 5% – Time to Buy?

Andritz (OTCMKTS:ADRZY)’s share price shot up 5% during mid-day trading on Wednesday . The company traded as high as $19.6340 and last traded at $19.6340. Approximately 617 shares changed hands during trading, a decline of 70% from the average session volume of 2,083 shares. The stock had previously closed at $18.70.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ADRZY. Deutsche Bank Aktiengesellschaft reissued 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 report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Andritz Trading Up 5.0%

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 stock’s 50 day moving average is $18.11 and its 200-day moving average is $17.28. The company has a market capitalization of $10.21 billion, a P/E ratio of 17.53 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results 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). The firm had revenue of $2.36 billion for 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 19.95%. As a group, equities research analysts anticipate that Andritz will post 1.23 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.