Andritz (OTCMKTS:ADRZY) Sets New 52-Week High - What's Next?

Key Points

• Andritz's stock reached a new 52-week high of $15.80, up from a previous close of $14.27, with a trading volume of 171 shares.
• The company reported $0.24 earnings per share (EPS), missing analysts' expectations of $0.26, despite achieving a revenue of $2.17 billion for the quarter.
• Andritz has a strong financial position with a market capitalization of $8.22 billion and a low debt-to-equity ratio of 0.24.

Andritz (OTCMKTS:ADRZY - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $15.80 and last traded at $15.80, with a volume of 171 shares changing hands. The stock had previously closed at $14.27.

Andritz Price Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.11 and a quick ratio of 0.86. The company has a market capitalization of $7.92 billion, a PE ratio of 14.93 and a beta of 0.87. The firm has a 50-day moving average of $14.73 and a 200 day moving average of $13.31.

Andritz (OTCMKTS:ADRZY - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). Andritz had a net margin of 5.81% and a return on equity of 21.31%. The business had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $1.93 billion. As a group, research analysts anticipate that Andritz will post 1.1 earnings per share for the current fiscal year.

Andritz Company Profile

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.