Andritz (OTCMKTS:ADRZY) Shares Gap Down - What's Next?

Andritz (OTCMKTS:ADRZY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $15.75, but opened at $14.77. Andritz shares last traded at $14.77, with a volume of 549 shares.

Analysts Set New Price Targets

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

Andritz Stock Down 6.2%

The stock has a market capitalization of $7.68 billion, a P/E ratio of 14.20 and a beta of 0.86. The company's 50-day moving average price is $14.33 and its 200 day moving average price is $12.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 1.11.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.03). The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.80 billion. Andritz had a net margin of 5.88% and a return on equity of 21.98%. As a group, equities analysts expect that Andritz will post 1.1 earnings per share for the current 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.

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