Andritz AG (OTCMKTS:ADRZY) Short Interest Update

Andritz AG (OTCMKTS:ADRZY) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the February 29th total of 500 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 0.1 days.

Andritz Price Performance

Shares of ADRZY stock opened at $12.35 on Friday. The stock’s fifty day moving average is $12.45 and its 200-day moving average is $11.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.91 and a current ratio of 1.15. The stock has a market capitalization of $6.42 billion, a PE ratio of 11.13 and a beta of 0.88. Andritz has a 52 week low of $8.79 and a 52 week high of $14.13.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.34 earnings per share (EPS) for the quarter. Andritz had a return on equity of 27.22% and a net margin of 5.89%. The business had revenue of $2.63 billion for the quarter. Equities research analysts expect that Andritz will post 1.16 EPS for the current fiscal year.

Andritz Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, April 12th. Shareholders of record on Tuesday, March 26th will be paid a $0.3463 dividend. This is a positive change from Andritz’s previous dividend of $0.28. The ex-dividend date is Monday, March 25th. Andritz’s dividend payout ratio is presently 31.53%.

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.