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

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 5,100 shares, an increase of 5,000.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Kion Group to a "strong-buy" rating in a report on Thursday, October 10th.

Kion Group Stock Down 2.2 %

OTCMKTS:KIGRY traded down $0.19 during midday trading on Monday, reaching $8.25. 43,857 shares of the stock traded hands, compared to its average volume of 69,508. The business has a 50-day moving average of $8.72 and a two-hundred day moving average of $9.36. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. Kion Group has a 12-month low of $7.88 and a 12-month high of $13.91. The stock has a market capitalization of $4.33 billion, a PE ratio of 11.96 and a beta of 1.96.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.15 earnings per share for the quarter. Kion Group had a return on equity of 5.67% and a net margin of 2.88%. The firm had revenue of $2.97 billion during the quarter. On average, equities analysts forecast that Kion Group will post 0.79 earnings per share for the current fiscal 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.