Andritz (OTCMKTS:ADRZY) Posts Quarterly Earnings Results

Andritz (OTCMKTS:ADRZY - Get Free Report) announced its earnings results on Thursday. The company reported $0.33 earnings per share (EPS) for the quarter, Zacks reports. Andritz had a return on equity of 23.10% and a net margin of 5.90%. The business had revenue of $2.44 billion for the quarter, compared to analysts' expectations of $2.34 billion.

Andritz Trading Down 2.2 %

Andritz stock traded down $0.29 during midday trading on Monday, reaching $13.10. The stock had a trading volume of 271 shares, compared to its average volume of 10,416. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 12.01 and a beta of 0.97. Andritz has a 52-week low of $9.35 and a 52-week high of $14.32. The company has a fifty day moving average of $11.22 and a 200 day moving average of $11.87. The company has a quick ratio of 0.89, a current ratio of 1.16 and a debt-to-equity ratio of 0.24.

Wall Street Analysts Forecast Growth

Separately, Barclays cut Andritz from a "hold" rating to a "strong sell" rating in a report on Wednesday, December 4th.

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.