Andritz (OTCMKTS:ADRZY) Short Interest Down 67.2% in April

Andritz (OTCMKTS:ADRZY) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 948 shares, a decrease of 67.2% from the April 15th total of 2,892 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,348 shares, the short-interest ratio is currently 0.1 days.

Andritz Trading Down 6.4%

Shares of ADRZY opened at $17.58 on Thursday. The firm’s 50-day moving average price is $16.08 and its 200-day moving average price is $16.10. The firm has a market capitalization of $9.14 billion, a price-to-earnings ratio of 15.98 and a beta of 1.13. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 0.23. Andritz has a 1-year low of $13.59 and a 1-year high of $19.20.

Andritz (OTCMKTS:ADRZY) last announced its earnings results on Wednesday, April 29th. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.02). The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.08 billion. Andritz had a net margin of 5.81% and a return on equity of 20.19%. Sell-side analysts anticipate that Andritz will post 1.24 EPS for the current year.

Analyst Upgrades and Downgrades

ADRZY has been the subject of a number of analyst reports. Zacks Research lowered shares of Andritz from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Andritz has an average 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.