Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) traded down 7.1% on Friday . The company traded as low as $29.51 and last traded at $29.51. Approximately 169 shares traded hands during trading, a decline of 99% from the average daily volume of 17,094 shares. The stock had previously closed at $31.75.
Wall Street Analyst Weigh In
A number of research analysts recently commented on KNRRY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Knorr-Bremse in a research report on Tuesday, June 23rd. Citigroup reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on KNRRY
Knorr-Bremse Stock Down 1.0%
Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates 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, equities analysts anticipate that Knorr-Bremse – Unsponsored ADR will post 1.63 earnings per share for the current fiscal 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.
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