Kion Group Ag (OTCMKTS:KIGRY) Short Interest Update

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

Analyst Upgrades and Downgrades

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

Kion Group Stock Performance

Shares of OTCMKTS KIGRY traded down $0.49 during trading hours on Friday, reaching $8.77. 15,693 shares of the stock were exchanged, compared to its average volume of 29,835. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 12.71 and a beta of 1.96. The stock’s fifty day simple moving average is $9.33 and its 200 day simple moving average is $9.82. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. Kion Group has a 52 week low of $8.33 and a 52 week high of $13.91.

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