Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Update

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,479 shares, a decline of 58.2% from the April 15th total of 8,326 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 22,114 shares, the days-to-cover ratio is currently 0.2 days.

Knorr-Bremse Stock Performance

Shares of KNRRY stock traded down $0.65 during trading on Friday, reaching $29.58. 9,669 shares of the company’s stock traded hands, compared to its average volume of 16,261. The firm’s 50-day moving average is $29.42 and its 200 day moving average is $28.39. Knorr-Bremse has a 1 year low of $22.62 and a 1 year high of $33.96.

Knorr-Bremse (OTCMKTS:KNRRY) last posted its earnings results on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.30 billion. On average, sell-side analysts anticipate that Knorr-Bremse will post 1.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. DZ Bank cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Zacks Research cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. UBS Group restated a “buy” rating on shares of Knorr-Bremse in a research note on Monday, February 23rd. Finally, Citigroup restated a “neutral” rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Knorr-Bremse

Knorr-Bremse AG is a Munich-based engineering company that specializes in braking systems and other critical subsystems for rail and commercial vehicles. Founded in 1905 by Georg Knorr, the firm has grown into a global leader in rail technology and commercial vehicle solutions. Its expertise spans safety-related systems designed to optimize performance, energy efficiency, and passenger comfort across a broad range of transport applications.

The company’s operations are organized into two primary business segments: Railway Systems and Commercial Vehicle Systems.