Andritz (OTCMKTS:ADRZY) Sees Unusually-High Trading Volume – Here’s What Happened

Andritz (OTCMKTS:ADRZY) shares saw an uptick in trading volume on Friday . 2,000 shares traded hands during mid-day trading, an increase of 64% from the previous session’s volume of 1,223 shares.The stock last traded at $16.85 and had previously closed at $15.00.

Wall Street Analyst Weigh In

A number of research firms recently commented on ADRZY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a report on Monday, February 9th. Zacks Research downgraded Andritz from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Andritz Stock Up 7.7%

The business has a fifty day moving average of $16.42 and a 200 day moving average of $15.70. The stock has a market cap of $8.76 billion, a price-to-earnings ratio of 15.75 and a beta of 1.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. Andritz had a return on equity of 20.46% and a net margin of 5.81%. On average, equities analysts predict that Andritz will post 1.1 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.