Andritz (OTCMKTS:ADRZY) Stock Short Interest Report for September

Andritz (OTCMKTS:ADRZY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 33 shares, an increase of 560.0% from the September 15th total of 5 shares. Based on an average daily trading volume, of 83 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Andritz Price Performance

Shares of OTCMKTS:ADRZY opened at $19.70 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.15. The company has a market cap of $10.24 billion, a P/E ratio of 17.59 and a beta of 1.14. Andritz has a 52 week low of $13.59 and a 52 week high of $20.45. The company has a 50-day moving average price of $19.35 and a 200 day moving average price of $17.90.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Andritz had a net margin of 5.77% and a return on equity of 19.74%. The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.23 billion. Research analysts predict that Andritz will post 1.23 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Andritz from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Andritz Company Profile

Andritz AG is an Austria-based international technology and engineering group headquartered in Graz. Founded in 1852, the company develops, designs and supplies plants, systems, equipment and services for industrial production and infrastructure projects.

Its main business areas include pulp and paper, metals, hydropower, and environment and energy. Andritz provides technologies for pulp and paper production, paper and tissue processing, metal forming and processing, hydropower generation, wastewater treatment, sludge management, biomass and renewable-energy applications, and related industrial services.

Andritz serves customers worldwide through production facilities, engineering operations and service locations across Europe, the Americas, Asia and other international markets.