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

Andritz (OTCMKTS:ADRZY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 500 shares, a growth of 400.0% from the September 15th total of 100 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 1.3 days. Based on an average trading volume of 400 shares, the short-interest ratio is currently 1.3 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Andritz presently has an average rating of “Hold”.

Andritz Price Performance

Andritz stock opened at $14.26 on Friday. The stock has a market capitalization of $7.42 billion, a price-to-earnings ratio of 13.98 and a beta of 0.93. Andritz has a 52-week low of $9.35 and a 52-week high of $15.80. The stock’s 50 day moving average price is $14.52 and its two-hundred day moving average price is $14.15. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 1.11.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $1.93 billion. Andritz had a return on equity of 21.31% and a net margin of 5.81%. On average, equities analysts predict that Andritz will post 1.1 earnings per share for the current year.

Andritz Company Profile

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.