Kion Group Ag (OTCMKTS:KIGRY) Short Interest Update

Kion Group Ag (OTCMKTS:KIGRY) 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.

Kion Group Trading Up 2.5 %

Kion Group stock traded up $0.23 during midday trading on Friday, hitting $9.49. 1,579 shares of the stock were exchanged, compared to its average volume of 16,864. The stock has a market capitalization of $4.98 billion, a PE ratio of 13.18 and a beta of 2.02. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $9.46 and a two-hundred day simple moving average of $10.57. Kion Group has a 52 week low of $7.30 and a 52 week high of $13.91.

Kion Group (OTCMKTS:KIGRY) 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.