Andritz (OTCMKTS:ADRZY) Short Interest Up 169.2% in February

Andritz (OTCMKTS:ADRZY) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,206 shares, an increase of 169.2% from the February 12th total of 448 shares. Based on an average daily volume of 2,016 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,016 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Andritz in a report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

ADRZY stock opened at $15.11 on Thursday. The company has a 50 day moving average price of $17.25 and a 200 day moving average price of $15.64. Andritz has a fifty-two week low of $10.79 and a fifty-two week high of $18.81. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.84. The stock has a market capitalization of $7.86 billion, a PE ratio of 14.12 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last released its earnings results on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). Andritz had a net margin of 5.81% and a return on equity of 21.12%. The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.79 billion. Analysts forecast that Andritz will post 1.1 EPS for the current year.

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.