Kion Group (OTCMKTS:KIGRY) Short Interest Update

by · The Cerbat Gem

Kion Group (OTCMKTS:KIGRY – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,709 shares, a decrease of 74.9% from the November 30th total of 6,808 shares. Based on an average trading volume of 15,810 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 15,810 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

KIGRY has been the topic of a number of recent analyst reports. DZ Bank lowered shares of Kion Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Kion Group in a research note on Monday, December 8th. Finally, Citigroup lowered Kion Group from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

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Kion Group Stock Performance

KIGRY traded up $0.08 during trading on Friday, reaching $19.85. 2,538 shares of the company were exchanged, compared to its average volume of 6,332. The stock has a market cap of $10.42 billion, a P/E ratio of 34.22 and a beta of 2.19. The firm has a 50 day moving average of $18.11 and a 200 day moving average of $16.46. The company has a current ratio of 0.97, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Kion Group has a 52 week low of $7.66 and a 52 week high of $19.85.

Kion Group (OTCMKTS:KIGRY – Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $0.25 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 4.59% and a net margin of 2.48%.The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $2.94 billion. On average, sell-side analysts forecast that Kion Group will post 0.78 EPS for the current fiscal year.

About Kion Group

(Get Free Report)

Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.

The group’s key brands include Linde Material Handling, STILL and Dematic.

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