Andritz AG (OTCMKTS:ADRZY) Short Interest Update

Andritz AG (OTCMKTS:ADRZYGet Rating) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, an increase of 200.0% from the March 31st total of 100 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 0.3 days.

A number of research firms have recently weighed in on ADRZY. Morgan Stanley upgraded shares of Andritz from an “equal weight” rating to an “overweight” rating in a report on Monday, January 17th. JPMorgan Chase & Co. dropped their target price on shares of Andritz from €60.00 ($64.52) to €56.00 ($60.22) in a report on Monday, April 11th. Kepler Capital Markets upgraded shares of Andritz from a “hold” rating to a “buy” rating in a report on Thursday, January 6th. Finally, Zacks Investment Research downgraded shares of Andritz from a “hold” rating to a “sell” rating in a research note on Friday, January 14th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to data from MarketBeat, Andritz presently has a consensus rating of “Buy” and a consensus target price of $34.00.

ADRZY stock opened at $8.19 on Thursday. Andritz has a 1 year low of $7.84 and a 1 year high of $12.43. The company has a market cap of $4.26 billion, a P/E ratio of 10.50 and a beta of 0.66. The firm has a 50-day moving average of $9.01 and a 200 day moving average of $9.93. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.22 and a quick ratio of 1.00.

Andritz (OTCMKTS:ADRZYGet Rating) last released its quarterly earnings results on Friday, February 25th. The company reported $0.26 earnings per share (EPS) for the quarter. Andritz had a net margin of 5.02% and a return on equity of 23.57%. The company had revenue of $2.19 billion during the quarter. On average, equities research analysts expect that Andritz will post 0.83 earnings per share for the current fiscal year.

The firm also recently announced a dividend, which will be paid on Thursday, April 28th. Shareholders of record on Tuesday, April 12th will be paid a dividend of $0.2328 per share. This represents a dividend yield of 2.5%. The ex-dividend date is Monday, April 11th. Andritz’s dividend payout ratio is 29.49%.

About Andritz (Get Rating)

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. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation. The Pulp & Paper segment supplies technology, automation, and service solutions to produce pulp, paper, board, and tissue; boilers for power generation; flue gas cleaning systems; plants to produce nonwovens and panelboards; and recycling and shredding solutions for various waste materials.

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