Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Expands By 5,000.0%

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,100 shares, an increase of 5,000.0% from the December 15th total of 100 shares. Based on an average trading volume of 56,600 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

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

Kion Group Price Performance

Shares of OTCMKTS KIGRY opened at $8.23 on Wednesday. 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 business’s 50 day moving average price is $8.70 and its two-hundred day moving average price is $9.35. The company has a market cap of $4.32 billion, a PE ratio of 11.93 and a beta of 1.96. Kion Group has a twelve month low of $7.88 and a twelve month high of $13.91.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm 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%. On average, 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.