Andritz (OTCMKTS:ADRZY) Short Interest Update

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

Wall Street Analysts Forecast Growth

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

Andritz Stock Performance

Shares of OTCMKTS ADRZY remained flat at $19.18 during midday trading on Monday. The stock had a trading volume of 11 shares, compared to its average volume of 1,329. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Andritz has a 52-week low of $13.59 and a 52-week high of $20.45. The company’s 50 day moving average is $19.11 and its 200 day moving average is $17.63. The company has a market capitalization of $9.97 billion, a P/E ratio of 17.12 and a beta of 1.13.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analyst estimates of $2.23 billion. As a group, equities research analysts forecast that Andritz will post 1.23 EPS for the current fiscal year.

About Andritz

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.