Kion Group Ag (OTCMKTS:KIGRY) Short Interest Update

Kion Group Ag (OTCMKTS:KIGRY) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 100 shares, a decrease of 99.2% from the November 15th total of 11,800 shares. Based on an average trading volume of 35,900 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Kion Group Stock Down 5.3 %

Shares of OTCMKTS KIGRY traded down $0.49 during mid-day trading on Friday, reaching $8.77. The company had a trading volume of 15,693 shares, compared to its average volume of 29,835. The firm has a 50 day simple moving average of $9.33 and a two-hundred day simple moving average of $9.82. Kion Group has a 52-week low of $8.33 and a 52-week high of $13.91. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 0.22. The stock has a market cap of $4.60 billion, a P/E ratio of 12.71 and a beta of 1.96.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.15 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 5.67% and a net margin of 2.88%. The company had revenue of $2.97 billion for the quarter. Sell-side analysts predict that Kion Group will post 0.79 earnings per share for the current 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.