Andritz (OTCMKTS:ADRZY) Hits New 52-Week Low – Time to Sell?

Andritz AG (OTCMKTS:ADRZY) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $10.24 and last traded at $10.36, with a volume of 4480 shares trading hands. The stock had previously closed at $10.38.

Analysts Set New Price Targets

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

Andritz Price Performance

The company has a market cap of $5.42 billion, a PE ratio of 9.56 and a beta of 0.89. 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’s 50-day moving average is $11.92 and its 200 day moving average is $12.33.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $2.24 billion for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.35%. On average, equities 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.