Short Interest in Kion Group (OTCMKTS:KIGRY) Decreases By 52.7%

Kion Group (OTCMKTS:KIGRY) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,810 shares, a decrease of 52.7% from the December 31st total of 3,830 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 21,142 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 21,142 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Kion Group Trading Down 0.2%

Kion Group stock opened at $18.65 on Thursday. The stock has a 50-day moving average of $19.05 and a two-hundred day moving average of $17.42. The stock has a market cap of $9.78 billion, a PE ratio of 32.16 and a beta of 2.17. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.97. Kion Group has a one year low of $7.66 and a one year high of $20.54.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.25 EPS for the quarter. Kion Group had a return on equity of 4.59% and a net margin of 2.48%.The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $2.94 billion. On average, research analysts anticipate that Kion Group will post 0.78 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. DZ Bank cut shares of Kion Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Citigroup cut shares of Kion Group from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Jefferies Financial Group cut Kion Group to an “underperform” rating in a research report on Sunday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Kion Group in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Kion Group Company Profile

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.