Andritz (OTCMKTS:ADRZY) Issues Quarterly Earnings Results

Andritz (OTCMKTS:ADRZYGet 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 Price Performance

Shares of ADRZY traded up $0.59 during mid-day trading on Thursday, reaching $12.62. The company had a trading volume of 1,364 shares, compared to its average volume of 11,186. The company’s 50 day simple moving average is $11.05 and its 200 day simple moving average is $11.86. The company has a market capitalization of $6.56 billion, a price-to-earnings ratio of 11.58 and a beta of 0.93. Andritz has a 1-year low of $9.35 and a 1-year high of $14.32. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16.

Analyst Upgrades and Downgrades

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

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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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Earnings History for Andritz (OTCMKTS:ADRZY)

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