Kion Group Ag (OTCMKTS:KIGRY) Short Interest Down 68.8% in August - MarketBeat

2022-09-03 09:36:30 By : Ms. Jolin Zhang

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Kion Group Ag (OTCMKTS:KIGRY - Get Rating) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 7,400 shares, a decrease of 68.8% from the July 31st total of 23,700 shares. Based on an average daily trading volume, of 75,900 shares, the days-to-cover ratio is presently 0.1 days. Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Kion Group from €75.00 ($76.53) to €54.00 ($55.10) and set a "hold" rating on the stock in a research note on Wednesday, July 6th. Sanford C. Bernstein cut shares of Kion Group from a "market perform" rating to an "underperform" rating in a research report on Monday, July 11th. JPMorgan Chase & Co. lowered their price target on shares of Kion Group from €67.00 ($68.37) to €66.00 ($67.35) and set a "neutral" rating on the stock in a research report on Friday, July 29th. UBS Group cut their price objective on Kion Group from €83.00 ($84.69) to €75.00 ($76.53) and set a "buy" rating for the company in a research report on Friday, July 29th. Finally, Morgan Stanley lowered their target price on Kion Group from €63.00 ($64.29) to €58.00 ($59.18) in a report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $68.80.Kion Group Price Performance

KIGRY stock opened at $9.97 on Friday. The stock has a market capitalization of $5.23 billion, a price-to-earnings ratio of 7.91 and a beta of 1.51. The stock's fifty day simple moving average is $10.79 and its 200-day simple moving average is $14.37. Kion Group has a 52-week low of $9.61 and a 52-week high of $29.30. The company has a quick ratio of 0.60, a current ratio of 0.92 and a debt-to-equity ratio of 0.04. About Kion Group (Get Rating)

KION GROUP AG provides industrial trucks, warehouse technology, supply chain solutions, and related services worldwide. The company operates through Industrial Trucks & Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklift and warehouse trucks, such as counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated industrial trucks, and towing vehicles under the Linde, Fenwick, STILL, Baoli, and OM brand names.See AlsoGet a free copy of the StockNews.com research report on Kion Group (KIGRY)Should AbbVie Inc. Have a Place in Your Dividend Portfolio? Is PayPal A Buy After Post-Earnings Price Jump? Williams-Sonoma’s High-End Consumers Are Still Spending Snowflake Stock Soars On Strong ResultsShockWave Stuns With 40% Post-Earnings Price Move: Is It A Buy?

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