Andritz AG (OTCMKTS:ADRZY) Short Interest Update

Andritz AG (OTCMKTS:ADRZY) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a growth of 133.3% from the February 28th total of 900 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 1.2 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

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

Andritz Trading Down 0.4 %

Andritz stock opened at $12.37 on Friday. Andritz has a 12 month low of $9.35 and a 12 month high of $14.32. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 11.34 and a beta of 0.97. The business’s fifty day simple moving average is $11.96 and its two-hundred day simple moving average is $11.87. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.33 earnings per share for the quarter. The company had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.34 billion. Andritz had a net margin of 5.90% and a return on equity of 23.10%. As a group, equities analysts predict that Andritz will post 1.1 earnings per share for the current fiscal year.

Andritz Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 21st. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.5645 per share. This is an increase from Andritz’s previous dividend of $0.35. The ex-dividend date is Tuesday, April 1st. Andritz’s payout ratio is presently 30.56%.

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.