Knorr-Bremse (OTCMKTS:KNRRY) Sees Unusually-High Trading Volume – Time to Buy?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) saw unusually-high trading volume on Monday . Approximately 52,528 shares traded hands during trading, an increase of 260% from the previous session’s volume of 14,603 shares.The stock last traded at $29.1825 and had previously closed at $29.1270.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KNRRY. Morgan Stanley restated an “overweight” rating on shares of Knorr-Bremse in a research note on Tuesday, June 23rd. Citigroup reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Knorr-Bremse Trading Down 1.7%

The firm has a market cap of $18.37 billion and a price-to-earnings ratio of 28.78. The stock has a 50-day moving average of $29.40 and a 200-day moving average of $29.60.

Knorr-Bremse (OTCMKTS:KNRRY) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Knorr-Bremse had a return on equity of 17.17% and a net margin of 7.08%.The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.30 billion. As a group, research analysts expect that Knorr-Bremse – Unsponsored ADR will post 1.19 earnings per share for the current fiscal year.

About Knorr-Bremse

Knorr-Bremse AG is a Munich-based engineering company that specializes in braking systems and other critical subsystems for rail and commercial vehicles. Founded in 1905 by Georg Knorr, the firm has grown into a global leader in rail technology and commercial vehicle solutions. Its expertise spans safety-related systems designed to optimize performance, energy efficiency, and passenger comfort across a broad range of transport applications.

The company’s operations are organized into two primary business segments: Railway Systems and Commercial Vehicle Systems.