Kion Group Ag (OTCMKTS:KIGRY) Short Interest Update

Kion Group Ag (OTCMKTS:KIGRY) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 5,200 shares, a growth of 225.0% from the October 15th total of 1,600 shares. Based on an average trading volume of 19,100 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

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

Kion Group Stock Performance

Shares of Kion Group stock opened at $9.21 on Thursday. Kion Group has a 12-month low of $8.34 and a 12-month high of $13.91. 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 stock has a 50 day moving average price of $9.46 and a two-hundred day moving average price of $10.27.

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