Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Decreases By 30.0%

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 700 shares, a decrease of 30.0% from the May 15th total of 1,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 26,000 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

KIGRY has been the topic of several recent research reports. Citigroup raised Kion Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 4th. Barclays raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th.

Kion Group Trading Up 0.8%

Shares of OTCMKTS:KIGRY opened at $12.04 on Tuesday. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 17.45 and a beta of 1.99. The company's fifty day simple moving average is $11.03 and its 200 day simple moving average is $10.09. Kion Group has a 12 month low of $7.66 and a 12 month high of $12.78. The company has a quick ratio of 0.60, a current ratio of 0.96 and a debt-to-equity ratio of 0.10.

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

Kion Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a $0.1437 dividend. This is a boost from Kion Group's previous dividend of $0.12. The ex-dividend date of this dividend was Thursday, May 29th. This represents a yield of 1.24%. Kion Group's payout ratio is 33.33%.

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.

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