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

Andritz (OTCMKTS:ADRZY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 278 shares, a growth of 251.9% from the November 30th total of 79 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 274 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 274 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the stock are short sold.

Andritz Price Performance

Shares of OTCMKTS:ADRZY opened at $15.07 on Thursday. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of 14.63 and a beta of 0.96. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The business’s 50 day simple moving average is $14.96 and its 200-day simple moving average is $14.76. Andritz has a 12 month low of $9.35 and a 12 month high of $16.45.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Andritz had a return on equity of 20.50% and a net margin of 5.84%. As a group, equities analysts forecast that Andritz will post 1.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Andritz from a “strong sell” rating to a “hold” rating in a research report on Monday, September 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Andritz currently has a consensus rating of “Moderate Buy”.

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.