Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Declines By 99.2%

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 100 shares, a decline 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.

Kion Group Trading Down 5.3 %

KIGRY stock traded down $0.49 during midday trading on Friday, hitting $8.77. The stock had a trading volume of 15,693 shares, compared to its average volume of 29,835. 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 business has a fifty day moving average price of $9.33 and a two-hundred day moving average price of $9.82. Kion Group has a 1-year low of $8.33 and a 1-year high of $13.91. The firm 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 released its earnings results on Wednesday, October 30th. The company reported $0.15 EPS for the quarter. The business had revenue of $2.97 billion during the quarter. Kion Group had a return on equity of 5.67% and a net margin of 2.88%. On average, sell-side analysts predict that Kion Group will post 0.79 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

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.