Andritz (OTCMKTS:ADRZY) Short Interest Down 75.9% in July

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

Andritz Price Performance

Andritz stock opened at $17.25 on Friday. The stock has a market capitalization of $8.97 billion, a PE ratio of 15.68 and a beta of 1.15. Andritz has a twelve month low of $13.59 and a twelve month high of $19.20. The company has a quick ratio of 0.84, a current ratio of 1.08 and a debt-to-equity ratio of 0.22. The company has a 50 day moving average of $17.62 and a 200-day moving average of $17.01.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) 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 company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. On average, equities research analysts anticipate that Andritz will post 1.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on ADRZY. Zacks Research raised 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 equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average 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.