Andritz (OTCMKTS:ADRZY) Short Interest Down 90.0% in August
by Danessa Lincoln · The Markets DailyAndritz (OTCMKTS:ADRZY – Get Free Report) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof90.0% from the July 31st total of 1,000 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is currently 0.0 days.
Andritz Price Performance
Andritz stock opened at $14.70 on Wednesday. The stock’s 50 day moving average is $14.88 and its 200 day moving average is $13.69. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.11 and a quick ratio of 0.86. The firm has a market cap of $7.65 billion, a P/E ratio of 14.41 and a beta of 0.93. Andritz has a one year low of $9.35 and a one year high of $15.80.
Andritz (OTCMKTS:ADRZY – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $1.93 billion. Andritz had a return on equity of 21.31% and a net margin of 5.81%. As a group, research analysts expect that Andritz will post 1.1 EPS for the current year.
About Andritz
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 in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.
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