Andritz AG (OTCMKTS:ADRZY) Sees Significant Growth in Short Interest

Andritz AG (OTCMKTS:ADRZY - Get Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 2,700 shares, an increase of 125.0% from the March 31st total of 1,200 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded Andritz from a "hold" rating to an "outperform" rating in a report on Thursday, April 3rd.

Andritz Stock Performance

ADRZY stock opened at $12.95 on Monday. Andritz has a 12 month low of $9.35 and a 12 month high of $14.32. The firm has a 50 day moving average of $12.18 and a two-hundred day moving average of $11.57. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 11.88 and a beta of 0.88. The company has a quick ratio of 0.89, a current ratio of 1.16 and a debt-to-equity ratio of 0.24.

Andritz (OTCMKTS:ADRZY - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.33 EPS for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.10%. The firm had revenue of $2.44 billion during the quarter, compared to analysts' expectations of $2.34 billion. As a group, equities analysts anticipate that Andritz will post 1.1 EPS for the current fiscal year.

Andritz Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, April 21st. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.5645 per share. The ex-dividend date was Tuesday, April 1st. This is a boost from Andritz's previous dividend of $0.35. Andritz's dividend payout ratio (DPR) is presently 31.48%.

Andritz Company Profile

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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