Kion Group Ag (OTCMKTS:KIGRY – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,600 shares, an increase of 1,500.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 75,400 shares, the days-to-cover ratio is currently 0.0 days.
Analyst Upgrades and Downgrades
Separately, UBS Group raised Kion Group to a “strong-buy” rating in a research note on Thursday, October 10th.
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Kion Group Trading Up 2.5 %
Kion Group (OTCMKTS:KIGRY – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.14 EPS for the quarter. Kion Group had a net margin of 2.94% and a return on equity of 5.78%. The business had revenue of $3.10 billion for the quarter. Equities research analysts anticipate that Kion Group will post 0.79 EPS for the current fiscal year.
Kion Group Company Profile
KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.
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