Short Interest in Andritz AG (OTCMKTS:ADRZY) Expands By 1,200.0%

Andritz AG (OTCMKTS:ADRZY - Get Free Report) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,300 shares, a growth of 1,200.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 24,300 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

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

Andritz Trading Up 2.3 %

Shares of OTCMKTS:ADRZY traded up $0.26 during midday trading on Friday, reaching $11.47. The company had a trading volume of 3,594 shares, compared to its average volume of 9,653. The company has a fifty day simple moving average of $10.58 and a two-hundred day simple moving average of $11.92. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 10.52 and a beta of 0.91. Andritz has a 1-year low of $9.35 and a 1-year high of $14.32. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16.

Andritz (OTCMKTS:ADRZY - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.26 EPS for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.10%. The business had revenue of $2.24 billion during the quarter. Research analysts predict that Andritz will post 1.13 earnings per share for the current year.

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.