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

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) shares saw unusually-strong 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 equities analysts recently commented on KNRRY shares. Citigroup reiterated a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Morgan Stanley restated an “overweight” rating on shares of Knorr-Bremse in a research note on Tuesday, June 23rd. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Knorr-Bremse has a consensus rating of “Moderate Buy”.

Knorr-Bremse Trading Down 0.1%

The stock has a market cap of $18.76 billion and a P/E ratio of 29.38. The firm has a 50-day simple moving average of $29.41 and a two-hundred day simple moving average of $29.59.

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

Knorr-Bremse Company Profile

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.