Kion Group Ag (OTCMKTS:KIGRY) Sees Large Growth in Short Interest

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 56,100 shares, an increase of 4,215.4% from the March 31st total of 1,300 shares. Based on an average daily trading volume, of 69,800 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

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

Kion Group Price Performance

Shares of OTCMKTS:KIGRY traded up $0.16 during trading on Wednesday, hitting $10.49. 7,593 shares of the stock were exchanged, compared to its average volume of 30,252. The company has a market cap of $5.51 billion, a PE ratio of 15.20 and a beta of 1.95. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 0.10. The company has a fifty day moving average price of $10.45 and a two-hundred day moving average price of $9.53. Kion Group has a 12-month low of $7.66 and a 12-month high of $12.78.

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 return on equity of 5.62% and a net margin of 2.88%. On average, analysts forecast that Kion Group will post 0.78 EPS for the current year.

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.