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Andritz (OTCMKTS:ADRZY) Shares Gap Down - Here's What Happened

Andritz logo with Industrials background

Andritz (OTCMKTS:ADRZY - Get Free Report) 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 changing hands.

Wall Street Analyst Weigh In

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

View Our Latest Report on ADRZY

Andritz Trading Down 6.2%

The firm has a 50 day moving average price of $14.34 and a two-hundred day moving average price of $12.59. The company has a market cap of $7.68 billion, a price-to-earnings ratio of 14.20 and a beta of 0.86. The company has a quick ratio of 0.86, a current ratio of 1.11 and a debt-to-equity ratio of 0.24.

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

About Andritz

(Get Free Report)

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.

Further Reading

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