Andritz (OTCMKTS:ADRZY) Short Interest Update

Andritz (OTCMKTS:ADRZY) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 5 shares. Based on an average trading volume of 4,705 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Andritz Price Performance

Andritz stock remained flat at $19.18 during mid-day trading on Monday. The company had a trading volume of 11 shares, compared to its average volume of 1,329. The business has a 50 day simple moving average of $19.11 and a two-hundred day simple moving average of $17.63. The company has a market capitalization of $9.97 billion, a price-to-earnings ratio of 17.12 and a beta of 1.13. Andritz has a 1-year low of $13.59 and a 1-year high of $20.45. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.07 and a quick ratio of 0.81.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.74%. The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.23 billion. On average, sell-side analysts forecast that Andritz will post 1.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Andritz Company Profile

Andritz AG is an Austria-based international technology and engineering group that develops, supplies and services plants, systems, equipment and digital solutions for a range of industrial applications. Its customers include companies in the pulp and paper, hydropower, metals and environmental technology industries.

The company’s activities include machinery and production systems for pulp and paper mills, equipment and services for hydropower plants, technologies for processing and forming metals, and solutions for waste management, separation, dewatering, biomass, energy production and other environmental applications.