ANDRITZ AG/ADR (OTCMKTS:ADRZY) Upgraded by Zacks Investment Research to Hold

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Zacks Investment Research upgraded shares of ANDRITZ AG/ADR (OTCMKTS:ADRZY) from a sell rating to a hold rating in a report published on Monday, Zacks.com reports.

According to Zacks, “Andritz AG is engages in the provision of plants, equipment and services for hydropower stations. Its operating segment consists of Hydro; Pulp & Paper; Metals and Separation. Hydro segment installs and offers electromechanical systems, pumps and hydropower equipment. Pulp & Paper segment manufactures and trades tissue, board and paper products. Metals segment processes cold-rolled carbon steel, metal strip and stainless steel. Separation segment produces belts, screw passes, screens, drains cantrifuges, discs, drum filters, filter presses, separators, thickeners, flocculent systems and thermal systems. Andritz AG is headquartered in Graz, Austria. “

ADRZY stock opened at $8.21 on Monday. The firm has a market cap of $4.11 billion, a PE ratio of 31.58 and a beta of 0.58. ANDRITZ AG/ADR has a 12 month low of $7.00 and a 12 month high of $9.26. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.18 and a quick ratio of 0.93. The firm has a 50 day simple moving average of $8.35 and a 200 day simple moving average of $7.77.

ANDRITZ AG/ADR Company Profile

Andritz AG provides plants, equipment, and services for hydropower stations, pulp and paper industry, metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors. It operates through four segments: Hydro, Pulp & Paper, Metals, and Separation. The Hydro segment supplies electromechanical equipment, including turbines, generators, and additional equipment for hydro applications; pumps for water transport, irrigation of agricultural land, and applications in various industries; and turbogenerators for thermal power plants.

Further Reading: Growth Stocks

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