Shares of Andritz AG (OTCMKTS:ADRZY - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.00 and traded as low as $10.87. Andritz shares last traded at $10.87, with a volume of 758 shares trading hands.
Analysts Set New Price Targets
Separately, BNP Paribas upgraded shares of Andritz from a "hold" rating to an "outperform" rating in a report on Thursday, April 3rd.
Read Our Latest Stock Analysis on Andritz
Andritz Stock Performance
The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 0.89. The company has a market cap of $6.44 billion, a PE ratio of 11.37 and a beta of 0.88. The business has a fifty day simple moving average of $12.00 and a two-hundred day simple moving average of $11.73.
Andritz (OTCMKTS:ADRZY - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.33 earnings per share for the quarter. Andritz had a return on equity of 23.10% and a net margin of 5.90%. The firm had revenue of $2.44 billion during the quarter, compared to analysts' expectations of $2.34 billion. Research analysts anticipate that Andritz AG will post 1.1 earnings per share for the current year.
Andritz Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, April 21st. Stockholders of record on Tuesday, April 1st will be issued a $0.5645 dividend. This is a boost from Andritz's previous dividend of $0.35. The ex-dividend date of this dividend is Tuesday, April 1st. Andritz's dividend payout ratio (DPR) is currently 30.56%.
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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