Andritz (OTCMKTS:ADRZY) Sees Significant 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 recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,800 shares, anincreaseof63.6% from the June 30th total of 1,100 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 6.0 days. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 6.0 days.

Andritz Price Performance

Shares of OTCMKTS ADRZY opened at $14.27 on Wednesday. Andritz has a twelve month low of $9.35 and a twelve month high of $15.75. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average of $14.65 and a two-hundred day moving average of $13.20. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 13.99 and a beta of 0.87.

Andritz (OTCMKTS:ADRZY - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.02). The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $1.93 billion. Andritz had a return on equity of 21.31% and a net margin of 5.81%. As a group, analysts expect 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.

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