Andritz (OTCMKTS:ADRZY – Get Free Report) released its earnings results on Thursday. The company reported $0.33 earnings per share for the quarter, Zacks reports. Andritz had a return on equity of 23.10% and a net margin of 5.90%.
Andritz Stock Up 4.6 %
ADRZY stock opened at $13.20 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 0.89. Andritz has a 52-week low of $9.35 and a 52-week high of $14.32. The company has a 50-day moving average of $11.09 and a two-hundred day moving average of $11.86. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 12.11 and a beta of 0.93.
Analysts Set New Price Targets
Separately, Barclays downgraded shares of Andritz from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 4th.
About Andritz
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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