Andritz (OTCMKTS:ADRZY) Shares Gap Down – Time to Sell?

Andritz (OTCMKTS:ADRZY) gapped down before the market opened on Friday . The stock had previously closed at $15.02, but opened at $13.59. Andritz shares last traded at $13.59, with a volume of 520 shares trading hands.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Zacks Research lowered shares of Andritz from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Andritz Stock Performance

The company has a fifty day moving average price of $17.06 and a two-hundred day moving average price of $15.64. The firm has a market cap of $7.07 billion, a price-to-earnings ratio of 12.70 and a beta of 0.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Thursday, March 5th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). Andritz had a return on equity of 21.12% and a net margin of 5.81%.The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.79 billion. As a group, equities research analysts expect that Andritz will post 1.1 EPS for the current year.

About Andritz

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.