Andritz (OTCMKTS:ADRZY) Short Interest Update

Andritz (OTCMKTS:ADRZY) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 1,800 shares, a decrease of 35.7% from the May 15th total of 2,800 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 3.6 days.

Analyst Ratings Changes

Separately, BNP Paribas raised Andritz from a “hold” rating to an “outperform” rating in a research report on Thursday, April 3rd.

Andritz Stock Performance

Shares of ADRZY stock opened at $14.40 on Wednesday. Andritz has a one year low of $9.35 and a one year high of $14.62. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.92 and a current ratio of 1.17. The firm’s 50 day moving average price is $13.63 and its 200-day moving average price is $12.11. The firm has a market cap of $7.49 billion, a P/E ratio of 13.85 and a beta of 0.86.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Wednesday, April 30th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.03). The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Andritz had a net margin of 5.88% and a return on equity of 21.61%. As a group, equities research analysts predict that Andritz will post 1.1 EPS for the current 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.