Andritz (OTCMKTS:ADRZY) Sees Large Growth in Short Interest

Key Points

• Andritz experienced a 63.6% increase in short interest in July, with a total of 1,800 shares compared to 1,100 shares at the end of June.
• For the last quarter, Andritz reported $0.24 EPS, falling short of analyst estimates of $0.26, despite achieving revenues of $2.17 billion which exceeded expected levels.
• The company's current market capitalization stands at $7.42 billion with a price-to-earnings ratio of 13.99 and a beta of 0.87.

Andritz (OTCMKTS:ADRZY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,800 shares, agrowthof63.6% from the June 30th total of 1,100 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 6.0 days. Based on an average trading volume of 300 shares, the short-interest ratio is currently 6.0 days.

Andritz Stock Performance

Shares of Andritz stock traded down $0.57 on Friday, reaching $15.23. 5,309 shares of the stock were exchanged, compared to its average volume of 121. The company has a quick ratio of 0.86, a current ratio of 1.11 and a debt-to-equity ratio of 0.24. Andritz has a twelve month low of $9.35 and a twelve month high of $15.80. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of 14.93 and a beta of 0.87. The business has a 50 day moving average price of $14.73 and a two-hundred day moving average price of $13.28.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.02). Andritz had a net margin of 5.81% and a return on equity of 21.31%. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $1.93 billion. Analysts anticipate that Andritz will post 1.1 earnings per share for the current fiscal 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.