Kion Group (OTCMKTS:KIGRY) Short Interest Update

Kion Group (OTCMKTS:KIGRY) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,810 shares, a decrease of 52.7% from the December 31st total of 3,830 shares. Based on an average daily trading volume, of 21,142 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 21,142 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

KIGRY has been the subject of a number of recent research reports. Citigroup lowered Kion Group from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Jefferies Financial Group downgraded Kion Group to an “underperform” rating in a research report on Sunday, January 25th. DZ Bank lowered Kion Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Kion Group in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Kion Group Price Performance

Shares of KIGRY stock opened at $17.53 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.97. Kion Group has a fifty-two week low of $7.66 and a fifty-two week high of $20.54. The firm has a market cap of $9.19 billion, a P/E ratio of 30.22 and a beta of 2.17. The business’s 50 day moving average price is $19.08 and its 200-day moving average price is $17.43.

Kion Group (OTCMKTS:KIGRY) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.25 EPS for the quarter. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $2.94 billion. Kion Group had a return on equity of 4.59% and a net margin of 2.48%. On average, equities research analysts anticipate that Kion Group will post 0.78 earnings per share for the current year.

About Kion Group

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.