Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Expands By 100.0%

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 1,000 shares, a growth of 100.0% from the April 30th total of 500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is currently 0.1 days.

Kion Group Trading Up 2.9%

Shares of KIGRY stock traded up $0.34 on Monday, hitting $11.92. The stock had a trading volume of 4,092 shares, compared to its average volume of 25,847. The company's 50 day moving average price is $10.46 and its 200-day moving average price is $9.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.96 and a quick ratio of 0.60. Kion Group has a 1 year low of $7.66 and a 1 year high of $12.78. The firm has a market capitalization of $6.26 billion, a P/E ratio of 17.28 and a beta of 2.00.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported ($0.10) EPS for the quarter. Kion Group had a net margin of 2.88% and a return on equity of 5.62%. The business had revenue of $2.93 billion during the quarter. Analysts anticipate that Kion Group will post 0.78 earnings per share for the current year.

Kion Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a dividend of $0.1437 per share. The ex-dividend date of this dividend is Thursday, May 29th. This is an increase from Kion Group's previous dividend of $0.12. This represents a dividend yield of 1.24%. Kion Group's dividend payout ratio (DPR) is currently 33.33%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Citigroup raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 4th. Barclays upgraded Kion Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th.

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.