Andritz (OTCMKTS:ADRZY) Sees Strong Trading Volume – Still a Buy?
by Michael Walen · The Markets DailyAndritz (OTCMKTS:ADRZY – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 804 shares were traded during mid-day trading, a decline of 9% from the previous session’s volume of 879 shares.The stock last traded at $17.40 and had previously closed at $17.3750.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on ADRZY
Andritz Price Performance
The company has a 50-day moving average of $16.14 and a 200 day moving average of $15.23. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $9.05 billion, a PE ratio of 16.89 and a beta of 0.96.
About Andritz
Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.
In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.