Kion Group Ag (OTCMKTS:KIGRY) Sees Large Increase in Short Interest

Kion Group Ag (OTCMKTS:KIGRY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 8,900 shares, an increase of 206.9% from the March 31st total of 2,900 shares. Based on an average daily trading volume, of 26,600 shares, the short-interest ratio is presently 0.3 days.

Kion Group Trading Down 1.2 %

KIGRY traded down $0.14 during trading on Friday, hitting $11.68. 85,400 shares of the stock traded hands, compared to its average volume of 11,562. The business has a 50 day moving average price of $12.67 and a 200 day moving average price of $10.80. Kion Group has a twelve month low of $7.30 and a twelve month high of $13.91. The company has a quick ratio of 0.64, a current ratio of 1.01 and a debt-to-equity ratio of 0.19.

Kion Group (OTCMKTS:KIGRY) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.17 EPS for the quarter. The company had revenue of $3.32 billion during the quarter. Kion Group had a return on equity of 5.93% and a net margin of 2.98%. As a group, sell-side analysts anticipate that Kion Group will post 0.77 EPS for the current year.

About Kion Group

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.