Andritz (OTCMKTS:ADRZY) Sees Significant Growth in Short Interest

Andritz (OTCMKTS:ADRZY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 71 shares, an increase of 129.0% from the July 30th total of 31 shares. Based on an average trading volume of 248 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research report on Thursday, May 14th. Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Andritz Price Performance

Shares of OTCMKTS:ADRZY opened at $19.63 on Friday. Andritz has a 52-week low of $13.59 and a 52-week high of $20.33. The firm has a fifty day moving average of $18.18 and a 200 day moving average of $17.32. The firm has a market capitalization of $10.21 billion, a PE ratio of 17.53 and a beta of 1.14. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.84 and a current ratio of 1.08.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share 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 19.95%. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.23 billion. As a group, research analysts anticipate that Andritz will post 1.23 EPS for the current fiscal year.

About Andritz

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.