Kion Group (OTCMKTS:KIGRY) Short Interest Update

Kion Group (OTCMKTS:KIGRYGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 41 shares, a drop of 99.7% from the July 15th total of 14,866 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 11,343 shares, the short-interest ratio is currently 0.0 days.

Kion Group Trading Up 0.3%

Shares of KIGRY stock opened at $11.82 on Thursday. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $11.56 and a two-hundred day moving average price of $13.60. Kion Group has a 12-month low of $10.26 and a 12-month high of $20.54. The firm has a market cap of $6.20 billion, a P/E ratio of 13.91 and a beta of 2.05.

Kion Group (OTCMKTS:KIGRYGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $3.39 billion for the quarter, compared to analyst estimates of $3.28 billion. Kion Group had a return on equity of 6.33% and a net margin of 3.36%. Equities analysts anticipate that Kion Group will post 0.95 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the stock. DZ Bank raised shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Oddo Bhf upgraded Kion Group to an “outperform” rating in a research note on Monday, May 4th. Zacks Research lowered Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Finally, Morgan Stanley raised Kion Group to an “overweight” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Kion Group has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on Kion Group

About Kion Group

(Get Free Report)

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.

Further Reading

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