Andritz (OTCMKTS:ADRZY) Hits New 1-Year High - Here's Why

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 stock price hit a new 52-week high on Wednesday . The stock traded as high as $15.80 and last traded at $15.80, with a volume of 171 shares trading hands. The stock had previously closed at $14.27.

Andritz Trading Up 10.7%

The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 1.11. The firm has a 50 day simple moving average of $14.65 and a two-hundred day simple moving average of $13.20. The firm has a market capitalization of $8.22 billion, a P/E ratio of 15.49 and a beta of 0.87.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.24 earnings per share (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. Equities research analysts forecast that Andritz will post 1.1 earnings per share for the current year.

About Andritz

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.

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