Kion Group (OTCMKTS:KIGRY) Short Interest Update

Kion Group (OTCMKTS:KIGRY) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 10,596 shares, an increase of 257.1% from the April 15th total of 2,967 shares. Based on an average daily volume of 25,316 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Zacks Research lowered shares of Kion Group from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Oddo Bhf raised Kion Group to an “outperform” rating in a research note on Monday, May 4th. Finally, Jefferies Financial Group upgraded Kion Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Kion Group has a consensus rating of “Hold”.

Kion Group Price Performance

KIGRY traded down $0.02 during trading on Thursday, reaching $13.27. The stock had a trading volume of 9,186 shares, compared to its average volume of 31,040. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99. The business has a 50-day moving average of $13.34 and a 200-day moving average of $16.71. Kion Group has a one year low of $11.37 and a one year high of $20.54. The stock has a market cap of $6.96 billion, a PE ratio of 16.59 and a beta of 2.07.

Kion Group (OTCMKTS:KIGRY) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Kion Group had a net margin of 3.26% and a return on equity of 6.19%. As a group, equities research analysts anticipate that Kion Group will post 0.98 EPS for the current fiscal year.

Kion Group Company Profile

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.