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

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 5,100 shares, a growth of 5,000.0% from the December 15th total of 100 shares. Based on an average daily volume of 56,600 shares, the days-to-cover ratio is currently 0.1 days.

Kion Group Stock Performance

Shares of Kion Group stock traded down $0.35 on Monday, hitting $8.44. The stock had a trading volume of 163,330 shares, compared to its average volume of 73,788. The company’s 50 day moving average price is $8.75 and its 200 day moving average price is $9.38. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 0.22. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 12.23 and a beta of 1.96. Kion Group has a 52-week low of $7.88 and a 52-week high of $13.91.

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

Wall Street Analyst Weigh In

Separately, UBS Group raised Kion Group to a “strong-buy” rating in a research note on Thursday, October 10th.

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.