Andritz (OTCMKTS:ADRZY) Short Interest Up ∞ in June

Andritz (OTCMKTS:ADRZY) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 133 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 271 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Zacks Research upgraded shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One investment 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, Andritz presently has a consensus rating of “Moderate Buy”.

Andritz Price Performance

Andritz stock opened at $17.54 on Friday. Andritz has a 12-month low of $13.59 and a 12-month high of $19.20. The firm has a 50-day moving average price of $17.72 and a 200-day moving average price of $16.94. The firm has a market capitalization of $9.12 billion, a PE ratio of 15.94 and a beta of 1.15. The company has a current ratio of 1.08, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22.

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

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.