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

Andritz AG (OTCMKTS:ADRZY - Get Free Report) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 11,100 shares, a drop of 14.0% from the November 15th total of 12,900 shares. Based on an average trading volume of 5,500 shares, the short-interest ratio is currently 2.0 days.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Andritz from a "hold" rating to a "strong sell" rating in a research report on Wednesday, December 4th.

Andritz Price Performance

OTCMKTS ADRZY traded up $0.06 during trading hours on Friday, reaching $10.42. The company's stock had a trading volume of 3,829 shares, compared to its average volume of 4,750. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 1.18. The company's 50-day moving average is $11.92 and its two-hundred day moving average is $12.33. Andritz has a fifty-two week low of $10.24 and a fifty-two week high of $14.32. The stock has a market cap of $5.42 billion, a PE ratio of 9.56 and a beta of 0.89.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.26 earnings per share (EPS) for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.35%. The company had revenue of $2.24 billion for the quarter. Analysts forecast that Andritz will post 1.23 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.