Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 797 shares, a decline of 87.3% from the September 30th total of 6,287 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 74,149 shares, the short-interest ratio is currently 0.0 days.
Knorr-Bremse Stock Down 1.7%
OTCMKTS:KNRRY opened at $26.53 on Thursday. Knorr-Bremse has a twelve month low of $22.62 and a twelve month high of $33.96. The company has a fifty day moving average of $29.01 and a 200-day moving average of $29.53. The firm has a market capitalization of $17.11 billion, a P/E ratio of 25.03, a P/E/G ratio of 0.88 and a beta of 0.38.
Wall Street Analyst Weigh In
KNRRY has been the subject of several recent analyst reports. Zacks Research cut shares of Knorr-Bremse from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 30th. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on KNRRY
About Knorr-Bremse
Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety-critical systems for rail vehicles and commercial vehicles. The company supplies equipment to original equipment manufacturers and operators, with products designed to support vehicle control, safety, efficiency and passenger or driver comfort.
Its rail vehicle business offers braking systems, doors, entrance systems, climate-control equipment, automatic couplers, digital solutions and other components for trains, metros, trams and locomotives.
See Also
- Five stocks we like better than Knorr-Bremse
- Why Rising Rates Could Break the Bull Market Before AI Spending Can Save It
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
Receive News & Ratings for Knorr-Bremse Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knorr-Bremse and related companies with MarketBeat.com's FREE daily email newsletter.
