Kion Group Ag (OTCMKTS:KIGRY) Short Interest Down 95.2% in March

Kion Group Ag (OTCMKTS:KIGRY) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,300 shares, a decrease of 95.2% from the March 15th total of 26,900 shares. Based on an average trading volume of 53,400 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

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

Kion Group Trading Up 0.6 %

Shares of Kion Group stock traded up $0.06 during trading on Tuesday, reaching $9.31. The company’s stock had a trading volume of 20,368 shares, compared to its average volume of 32,291. The company has a market cap of $4.89 billion, a price-to-earnings ratio of 13.49 and a beta of 1.95. The firm’s 50-day moving average is $10.46 and its two-hundred day moving average is $9.52. Kion Group has a 52-week low of $7.66 and a 52-week high of $13.04. The company has a quick ratio of 0.60, a current ratio of 0.96 and a debt-to-equity ratio of 0.10.

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.