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

Andritz (OTCMKTS:ADRZY) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 1,206 shares, an increase of 169.2% from the February 12th total of 448 shares. Based on an average daily trading volume, of 2,016 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,016 shares, the days-to-cover ratio is currently 0.6 days.

Andritz Stock Performance

Andritz stock opened at $17.07 on Wednesday. Andritz has a fifty-two week low of $10.79 and a fifty-two week high of $18.81. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11. The stock has a market cap of $8.88 billion, a P/E ratio of 15.95 and a beta of 0.97. The firm’s fifty day moving average price is $17.25 and its 200-day moving average price is $15.64.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Thursday, March 5th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.79 billion. Andritz had a return on equity of 21.12% and a net margin of 5.81%. On average, equities research analysts expect that Andritz will post 1.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Andritz in a report on Monday, February 9th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Andritz Company Profile

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.