Kion Group Ag (OTCMKTS:KIGRY) Short Interest Update

Kion Group Ag (OTCMKTS:KIGRY) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 1,300 shares, a drop of 95.2% from the March 15th total of 26,900 shares. Based on an average daily volume of 53,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Kion Group Price Performance

Shares of OTCMKTS:KIGRY traded up $0.06 during trading on Monday, hitting $9.31. 20,368 shares of the stock were exchanged, compared to its average volume of 32,291. Kion Group has a 12-month low of $7.66 and a 12-month high of $13.04. The company has a market cap of $4.89 billion, a PE ratio of 13.49 and a beta of 1.95. The company has a fifty day moving average price of $10.45 and a two-hundred day moving average price of $9.52. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 0.10.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Citigroup raised Kion Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 4th. Barclays raised Kion Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th.

Kion Group Company Profile

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.