Andritz (OTCMKTS:ADRZY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Trading volume jumped about 64% to ~2,000 shares and the stock climbed to $16.85, a roughly 7.7% increase from the prior close of $15.00.
• Analyst views are split — Deutsche Bank reaffirmed a buy while Zacks downgraded to a strong sell, leaving MarketBeat's average rating at Hold.
• Andritz slightly missed quarterly estimates with $0.37 EPS and $2.78B revenue, but shows solid metrics including a 20.46% ROE, low debt-to-equity (0.23) and a PE ratio of 15.75.

Andritz (OTCMKTS:ADRZY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 2,000 shares were traded during 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.

Analysts Set New Price Targets

A number of research analysts have weighed in on ADRZY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Andritz in a report on Monday, February 9th. Zacks Research cut Andritz from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 10th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

Andritz Stock Up 7.7%

The company has a debt-to-equity ratio of 0.23, a current ratio of 1.13 and a quick ratio of 0.88. The company has a market cap of $8.76 billion, a PE ratio of 15.75 and a beta of 1.09. The company has a fifty day moving average price of $16.43 and a 200 day moving average price of $15.68.

Andritz (OTCMKTS:ADRZY - Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). Andritz had a return on equity of 20.46% and a net margin of 5.81%.The business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.79 billion. As a group, analysts anticipate 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.

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