Andritz (OTCMKTS:ADRZY) Sets New 52-Week Low – Here’s Why

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

Analyst Upgrades and Downgrades

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

Andritz Trading Down 9.4 %

The company has a current ratio of 1.18, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31. The company has a market cap of $4.86 billion, a PE ratio of 8.58 and a beta of 0.91. The company has a fifty day simple moving average of $10.87 and a two-hundred day simple moving average of $12.10.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, October 31st. The company reported $0.26 earnings per share for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.35%. The firm had revenue of $2.24 billion for the quarter. Analysts anticipate that Andritz AG will post 1.23 EPS for the current year.

Andritz Company Profile

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.