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

Andritz AG (OTCMKTS:ADRZY) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 11,100 shares, a decrease of 14.0% from the November 15th total of 12,900 shares. Based on an average daily volume of 5,500 shares, the short-interest ratio is currently 2.0 days.

Wall Street Analyst Weigh In

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

Andritz Stock Up 0.6 %

Shares of Andritz stock opened at $10.42 on Monday. Andritz has a 12-month low of $10.24 and a 12-month high of $14.32. The firm has a market capitalization of $5.42 billion, a PE ratio of 9.56 and a beta of 0.89. The company has a quick ratio of 0.91, a current ratio of 1.18 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average is $11.92 and its 200-day moving average is $12.33.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.26 EPS for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.35%. The company had revenue of $2.24 billion during the quarter. Equities analysts anticipate that Andritz will post 1.23 earnings per share for the current year.

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.