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

Key Points

• Andritz shares opened at $14.25 after a gap down from a previous close of $15.23, indicating a significant drop in trading value.
• The company reported a quarterly earnings miss with EPS of $0.24, below the expected $0.26, despite exceeding revenue expectations at $2.17 billion.
• Andritz, with a market capitalization of $7.70 billion, operates through four segments: Pulp & Paper, Metals, Hydro, and Separation, serving various international markets.

Andritz (OTCMKTS:ADRZY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $15.23, but opened at $14.25. Andritz shares last traded at $14.21, with a volume of 9,693 shares trading hands.

Andritz Price Performance

The stock has a 50 day simple moving average of $14.78 and a 200-day simple moving average of $13.42. The firm has a market cap of $7.41 billion, a PE ratio of 13.97 and a beta of 0.87. 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 posted its earnings results on Thursday, July 31st. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.02). The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $1.93 billion. Andritz had a return on equity of 21.31% and a net margin of 5.81%. Sell-side analysts predict that Andritz will post 1.1 EPS 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.