Kion Group Ag (OTCMKTS:KIGRY) Short Interest Up 5,000.0% in December

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a significant growth in short interest during the month of 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 currently 0.1 days.

Wall Street Analyst Weigh In

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

Kion Group Stock Down 0.3 %

Shares of OTCMKTS:KIGRY opened at $8.23 on Wednesday. Kion Group has a 52-week low of $7.88 and a 52-week high of $13.91. The company has a market capitalization of $4.32 billion, a PE ratio of 11.93 and a beta of 1.96. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. The company has a fifty day moving average of $8.70 and a 200-day moving average of $9.35.

Kion Group (OTCMKTS:KIGRY) last issued its earnings results 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 business had revenue of $2.97 billion during the quarter. On average, equities analysts predict 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.