Andritz (OTCMKTS:ADRZY) Sets New 12-Month High - Still a Buy?

Andritz (OTCMKTS:ADRZY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.81 and last traded at $14.81, with a volume of 518 shares traded. The stock had previously closed at $14.54.

Analyst Upgrades and Downgrades

Separately, BNP Paribas raised shares of Andritz from a "hold" rating to an "outperform" rating in a research report on Thursday, April 3rd.

Andritz Stock Down 2.0%

The company's 50-day simple moving average is $13.93 and its two-hundred day simple moving average is $12.24. The firm has a market capitalization of $7.40 billion, a P/E ratio of 13.69 and a beta of 0.86. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.11 and a quick ratio of 0.86.

Andritz (OTCMKTS:ADRZY - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.03). The company had revenue of $2 billion for the quarter, compared to analysts' expectations of $1.80 billion. Andritz had a net margin of 5.88% and a return on equity of 21.98%. As a group, research analysts expect 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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