Short Interest in Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Grows By 413.1%

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 57,493 shares, an increase of 413.1% from the June 30th total of 11,204 shares. Based on an average trading volume of 78,912 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

KNRRY has been the topic of a number of research reports. Morgan Stanley restated an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd. Citigroup reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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Knorr-Bremse Stock Performance

OTCMKTS:KNRRY traded up $0.97 during mid-day trading on Monday, hitting $30.71. 1,189 shares of the company’s stock traded hands, compared to its average volume of 17,346. The company has a market cap of $19.80 billion and a PE ratio of 31.02. The firm’s 50 day simple moving average is $29.30 and its 200 day simple moving average is $29.69. Knorr-Bremse has a 1 year low of $22.62 and a 1 year high of $33.96.

Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) 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. On average, research analysts expect that Knorr-Bremse will post 1.63 earnings per share for the current fiscal year.

About Knorr-Bremse

(Get Free Report)

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.

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