Andritz (OTCMKTS:ADRZY) Sets New 1-Year Low – What’s Next?

Andritz AG (OTCMKTS:ADRZY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $9.35 and last traded at $9.35, with a volume of 1693 shares. The stock had previously closed at $10.32.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Andritz from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 4th.

Andritz Stock Performance

The firm has a fifty day moving average of $10.87 and a 200 day moving average of $12.10. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.91. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 8.58 and a beta of 0.91.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.26 earnings per share for the quarter. Andritz had a return on equity of 23.35% and a net margin of 5.90%. The company had revenue of $2.24 billion during the quarter. On average, sell-side analysts anticipate that Andritz AG will post 1.23 earnings per share for the current fiscal year.

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.