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

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

Kion Group Stock Performance

Shares of KIGRY stock traded up $0.01 during trading hours on Thursday, hitting $10.50. The company's stock had a trading volume of 8,746 shares, compared to its average volume of 29,983. The stock has a market cap of $5.51 billion, a PE ratio of 15.21 and a beta of 1.95. Kion Group has a 12-month low of $7.66 and a 12-month high of $12.78. The company has a 50 day moving average of $10.46 and a 200 day moving average of $9.54. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 0.10.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Citigroup raised Kion Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 4th. Barclays raised Kion Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th.

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.