Short Interest in Kion Group Ag (OTCMKTS:KIGRY) Expands By 5,000.0%

Kion Group Ag (OTCMKTS:KIGRY) saw a significant increase in short interest during 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.

Kion Group Stock Performance

Kion Group stock opened at $8.25 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 0.22. Kion Group has a twelve month low of $7.88 and a twelve month high of $13.91. The company’s 50-day moving average price is $8.72 and its 200-day moving average price is $9.36. The company has a market cap of $4.33 billion, a PE ratio of 11.96 and a beta of 1.96.

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

Analyst Upgrades and Downgrades

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

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.