Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Stock Short Interest Report for October

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 2,910 shares, a growth of 265.1% from the October 15th total of 797 shares. Based on an average daily volume of 131,491 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Knorr-Bremse Stock Performance

Shares of OTCMKTS:KNRRY traded up $0.29 on Thursday, reaching $27.23. The company’s stock had a trading volume of 16,753 shares, compared to its average volume of 20,391. Knorr-Bremse has a 52-week low of $23.59 and a 52-week high of $33.96. The company has a market cap of $17.55 billion, a P/E ratio of 24.53, a PEG ratio of 0.98 and a beta of 0.56. The company has a 50-day simple moving average of $28.22 and a 200 day simple moving average of $29.39.

Knorr-Bremse (OTCMKTS:KNRRY) last posted its earnings results on Thursday, October 29th. The company reported $0.31 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.31. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.38 billion. Knorr-Bremse had a net margin of 7.72% and a return on equity of 19.26%. On average, equities research analysts forecast that Knorr-Bremse will post 1.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Knorr-Bremse from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 30th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold”.

About Knorr-Bremse

Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety systems for rail vehicles and commercial vehicles. Founded by Georg Knorr in Berlin in 1905, the company is headquartered in Munich and supplies vehicle manufacturers and operators around the world. Its rail-vehicle products include braking systems, doors, air-conditioning and power-supply systems, and control and monitoring technologies. For commercial vehicles, Knorr-Bremse provides braking and air-treatment systems, driver-assistance technologies, and related control and steering products.