Short Interest in Andritz (OTCMKTS:ADRZY) Expands By ∞

Andritz (OTCMKTS:ADRZY) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 133 shares, a growth of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 271 shares, the short-interest ratio is currently 0.5 days.

Andritz Price Performance

OTCMKTS:ADRZY opened at $17.54 on Friday. The firm has a market capitalization of $9.12 billion, a P/E ratio of 15.94 and a beta of 1.15. Andritz has a 1-year low of $13.59 and a 1-year high of $19.20. The company’s fifty day moving average price is $17.68 and its 200-day moving average price is $16.95. 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 (OTCMKTS:ADRZY) last issued its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.02). The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Andritz had a return on equity of 20.04% and a net margin of 5.81%. As a group, equities research analysts anticipate that Andritz will post 1.22 EPS for the current year.

Wall Street Analysts Forecast Growth

ADRZY has been the subject of a number of research reports. Zacks Research raised Andritz from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a report on Thursday, May 14th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

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.