Andritz AG (OTCMKTS:ADRZY) Sees Large Drop in Short Interest

Andritz AG (OTCMKTS:ADRZY) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a drop of 92.3% from the December 31st total of 1,300 shares. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 0.0 days.

Andritz Stock Down 3.7 %

Shares of ADRZY stock traded down $0.43 during mid-day trading on Thursday, reaching $11.21. 60,609 shares of the company were exchanged, compared to its average volume of 6,791. Andritz has a fifty-two week low of $9.35 and a fifty-two week high of $14.32. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16. The company has a market capitalization of $5.83 billion, a P/E ratio of 10.28 and a beta of 0.91. The business’s 50 day simple moving average is $10.57 and its 200 day simple moving average is $11.93.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.26 EPS for the quarter. The firm had revenue of $2.24 billion during the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.10%. Research analysts predict that Andritz will post 1.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Andritz from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 4th.

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.