Kion Group Ag (OTCMKTS:KIGRY) Sees Significant Growth in Short Interest

Kion Group Ag (OTCMKTS:KIGRY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 5,100 shares, a growth of 5,000.0% from the December 15th total of 100 shares. Based on an average daily volume of 56,600 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, UBS Group upgraded Kion Group to a “strong-buy” rating in a research note on Thursday, October 10th.

Kion Group Stock Performance

KIGRY stock traded down $0.35 during midday trading on Monday, reaching $8.44. The company had a trading volume of 163,330 shares, compared to its average volume of 73,788. The stock has a 50 day moving average price of $8.75 and a 200 day moving average price of $9.38. The firm has a market capitalization of $4.43 billion, a PE ratio of 12.23 and a beta of 1.96. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 0.22. Kion Group has a fifty-two week low of $7.88 and a fifty-two week high of $13.91.

Kion Group (OTCMKTS:KIGRY) last released its earnings results on Wednesday, October 30th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $2.97 billion during the quarter. Kion Group had a return on equity of 5.67% and a net margin of 2.88%. Analysts anticipate that Kion Group will post 0.79 earnings per share for the current year.

About Kion Group

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.