Andritz AG (OTCMKTS:ADRZY – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 3,600 shares, a growth of 3,500.0% from the January 15th total of 100 shares. Based on an average trading volume of 31,700 shares, the days-to-cover ratio is presently 0.1 days.
Andritz Trading Up 0.8 %
OTCMKTS ADRZY opened at $11.67 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $6.07 billion, a PE ratio of 10.71 and a beta of 0.93. Andritz has a 1-year low of $9.35 and a 1-year high of $14.32. The firm’s fifty day simple moving average is $10.64 and its 200-day simple moving average is $11.86.
Wall Street Analyst Weigh In
Separately, Barclays downgraded shares of Andritz from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 4th.
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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