Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Update

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 57,493 shares, a growth of 413.1% from the June 30th total of 11,204 shares. Based on an average daily volume of 78,912 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

Knorr-Bremse Stock Up 1.5%

Shares of Knorr-Bremse stock traded up $0.45 on Friday, hitting $30.19. The stock had a trading volume of 6,841 shares, compared to its average volume of 29,830. The stock has a market cap of $19.47 billion and a price-to-earnings ratio of 30.49. Knorr-Bremse has a twelve month low of $22.62 and a twelve month high of $33.96. The business’s 50 day moving average is $29.30 and its two-hundred day moving average is $29.68.

Knorr-Bremse (OTCMKTS:KNRRY) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). Knorr-Bremse had a return on equity of 17.17% and a net margin of 7.08%.The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.30 billion. As a group, equities analysts predict that Knorr-Bremse will post 1.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on KNRRY shares. Morgan Stanley reiterated an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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.