Andritz AG (OTCMKTS:ADRZY) Short Interest Up 1,200.0% in December

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

Andritz Trading Up 0.2 %

Andritz stock opened at $10.18 on Wednesday. The business’s 50-day simple moving average is $10.61 and its 200-day simple moving average is $12.02. Andritz has a 52 week low of $9.35 and a 52 week high of $14.32. The firm has a market capitalization of $5.29 billion, a PE ratio of 9.34 and a beta of 0.91. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 1.18.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.26 EPS for the quarter. The company had revenue of $2.24 billion during the quarter. Andritz had a return on equity of 23.35% and a net margin of 5.90%. Equities research analysts forecast that Andritz will post 1.23 earnings per share for the current year.

Analysts Set New Price Targets

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

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.