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

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,300 shares, a decline of 95.2% from the March 15th total of 26,900 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 53,400 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on KIGRY shares. Citigroup upgraded Kion Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 4th. Barclays upgraded shares of Kion Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th.

Kion Group Stock Up 1.6 %

Shares of Kion Group stock traded up $0.15 on Friday, hitting $9.50. The company had a trading volume of 8,554 shares, compared to its average volume of 32,390. Kion Group has a 1 year low of $7.66 and a 1 year high of $12.78. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.96. The stock has a 50 day moving average of $10.46 and a 200-day moving average of $9.51. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 13.76 and a beta of 1.95.

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.