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

Andritz (OTCMKTS:ADRZY) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 32 shares, a decline of 75.9% from the June 30th total of 133 shares. Based on an average trading volume of 946 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

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

Andritz Stock Performance

Shares of OTCMKTS:ADRZY opened at $17.25 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84. Andritz has a 1 year low of $13.59 and a 1 year high of $19.20. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of 15.68 and a beta of 1.15. The company’s 50 day simple moving average is $17.62 and its 200 day simple moving average is $17.02.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.02). Andritz had a return on equity of 20.04% and a net margin of 5.81%.The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. As a group, research analysts predict that Andritz will post 1.22 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.