Andritz AG (OTCMKTS:ADRZY) Short Interest Down 92.3% in January

Andritz AG (OTCMKTS:ADRZY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decline of 92.3% from the December 31st total of 1,300 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Andritz Trading Up 2.3 %

OTCMKTS ADRZY opened at $11.47 on Friday. 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 has a 52 week low of $9.35 and a 52 week high of $14.32. The business has a 50 day moving average price of $10.58 and a 200-day moving average price of $11.92. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 10.52 and a beta of 0.91.

Andritz (OTCMKTS:ADRZY) last announced 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. As a group, equities analysts expect that Andritz will post 1.13 earnings per share for the current fiscal 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.