Kion Group (OTCMKTS:KIGRY) Short Interest Update

Kion Group (OTCMKTS:KIGRY) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,076 shares, an increase of 4,963.4% from the January 29th total of 41 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 32,969 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 32,969 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Kion Group Stock Performance

KIGRY opened at $16.50 on Friday. The stock’s 50 day simple moving average is $18.99 and its 200-day simple moving average is $17.85. The company has a current ratio of 0.97, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a market cap of $8.65 billion, a PE ratio of 28.45 and a beta of 2.18. Kion Group has a 1 year low of $7.66 and a 1 year high of $20.54.

Kion Group (OTCMKTS:KIGRY) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. Kion Group had a net margin of 2.48% and a return on equity of 4.59%. Sell-side analysts forecast that Kion Group will post 0.78 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KIGRY shares. Jefferies Financial Group cut Kion Group to an “underperform” rating in a research report on Sunday, January 25th. Citigroup downgraded Kion Group from a “buy” rating to a “hold” rating in a research report on Friday, December 5th. DZ Bank cut Kion Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Kion Group in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

About Kion Group

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.