Andritz (OTCMKTS:ADRZF) Trading Down 15.6% – Here’s What Happened

Shares of Andritz AG (OTCMKTS:ADRZF) fell 15.6% on Monday . The company traded as low as $72.4950 and last traded at $72.4950. 1,753 shares changed hands during trading, an increase of 62% from the average session volume of 1,084 shares. The stock had previously closed at $85.86.

Andritz Trading Down 15.6%

The company’s fifty day moving average price is $80.01 and its 200-day moving average price is $74.30.

About Andritz

Andritz AG is an international technology group headquartered in Graz, Austria, specializing in the supply of plants, equipment and services for a range of industries. The company’s core business activities encompass hydropower, pulp and paper, metals and solid/liquid separation. By providing tailored turnkey solutions and after‐sales support, Andritz serves customers seeking to optimize operational efficiency, reduce environmental impact and implement advanced automation and digitalization technologies.

In the hydropower sector, Andritz designs and manufactures turbine and generator systems, as well as related electrical and mechanical equipment, to meet the requirements of large and small hydroelectric power stations.