Andritz AG (OTCMKTS:ADRZY) Sees Large Drop in Short Interest

Andritz AG (OTCMKTS:ADRZY) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 400 shares, a decline of 50.0% from the June 30th total of 800 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 1.3 days.

Andritz Stock Performance

Shares of ADRZY stock opened at $12.42 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.94 and a current ratio of 1.18. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 11.19 and a beta of 0.90. Andritz has a one year low of $8.79 and a one year high of $13.25. The company has a 50 day moving average price of $12.14 and a 200 day moving average price of $12.13.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, April 25th. The company reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $2.05 billion during the quarter. Andritz had a net margin of 5.94% and a return on equity of 24.33%. Sell-side analysts anticipate that Andritz will post 1.19 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.