Shares of Andritz (OTCMKTS:ADRZY - Get Free Report) gapped down prior to trading on Thursday following a dissappointing earnings announcement. The stock had previously closed at $15.50, but opened at $14.25. Andritz shares last traded at $14.25, with a volume of 150 shares changing hands.
The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). Andritz had a return on equity of 21.31% and a net margin of 5.81%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.93 billion.
Andritz Stock Performance
The company has a debt-to-equity ratio of 0.24, a current ratio of 1.11 and a quick ratio of 0.86. The business's 50-day moving average price is $14.64 and its two-hundred day moving average price is $13.17. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of 13.91 and a beta of 0.87.
Andritz Company Profile
(
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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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