Andritz (OTCMKTS:ADRZY) Short Interest Up 129.0% in August

Andritz (OTCMKTS:ADRZY) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 71 shares, a growth of 129.0% from the July 30th total of 31 shares. Based on an average trading volume of 248 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Andritz Stock Performance

Andritz stock remained flat at $19.63 during trading hours on Friday. 1 shares of the company’s stock were exchanged, compared to its average volume of 175. The company has a market cap of $10.21 billion, a price-to-earnings ratio of 17.53 and a beta of 1.14. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.08 and a quick ratio of 0.84. Andritz has a 52 week low of $13.59 and a 52 week high of $20.33. The business’s fifty day moving average price is $18.18 and its 200 day moving average price is $17.32.

Andritz (OTCMKTS:ADRZY) last posted its quarterly earnings results 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 return on equity of 19.95% and a net margin of 5.77%.The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.23 billion. Analysts predict that Andritz will post 1.23 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Andritz currently has an average 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.