Andritz AG (OTCMKTS:ADRZY) Short Interest Down 14.0% in November

Andritz AG (OTCMKTS:ADRZY) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 11,100 shares, a drop of 14.0% from the November 15th total of 12,900 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is presently 2.0 days.

Analyst Upgrades and Downgrades

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

Andritz Stock Up 0.6 %

Shares of ADRZY stock opened at $10.42 on Friday. Andritz has a one year low of $10.24 and a one year high of $14.32. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.91. The stock has a fifty day moving average price of $11.92 and a 200 day moving average price of $12.33. The stock has a market cap of $5.42 billion, a P/E ratio of 9.56 and a beta of 0.89.

Andritz (OTCMKTS:ADRZY) last released its quarterly earnings data 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 net margin of 5.90% and a return on equity of 23.35%. Analysts predict that Andritz will post 1.23 earnings per share 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.