Andritz (OTCMKTS:ADRZY) Short Interest Update

Andritz (OTCMKTS:ADRZY) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 302 shares, a decline of 56.5% from the March 15th total of 695 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 516 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

ADRZY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research note on Monday, February 9th. Zacks Research cut shares of Andritz from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Andritz Stock Performance

Shares of ADRZY opened at $16.85 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. The stock has a market capitalization of $8.76 billion, a P/E ratio of 15.75 and a beta of 1.09. The company’s fifty day moving average is $16.42 and its two-hundred day moving average is $15.70. Andritz has a 1 year low of $11.35 and a 1 year high of $18.81.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.01). The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. Andritz had a net margin of 5.81% and a return on equity of 20.46%. On average, sell-side analysts predict that Andritz will post 1.1 earnings per share for the current year.

About Andritz

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.