Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Stock Short Interest Report for October

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 2,910 shares, an increase of 265.1% from the October 15th total of 797 shares. Based on an average trading volume of 131,491 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Knorr-Bremse Trading Up 0.2%

OTCMKTS KNRRY traded up $0.05 during mid-day trading on Friday, reaching $27.25. 10,224 shares of the company’s stock traded hands, compared to its average volume of 20,394. Knorr-Bremse has a 1-year low of $23.59 and a 1-year high of $33.96. The company has a fifty day simple moving average of $28.17 and a 200-day simple moving average of $29.38. The company has a market cap of $17.57 billion, a price-to-earnings ratio of 24.55, a P/E/G ratio of 0.98 and a beta of 0.56.

Knorr-Bremse (OTCMKTS:KNRRY) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.31 EPS for the quarter, meeting analysts’ consensus estimates of $0.31. Knorr-Bremse had a net margin of 7.72% and a return on equity of 19.26%. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.38 billion. Equities research analysts forecast that Knorr-Bremse will post 1.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Knorr-Bremse from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 30th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Knorr-Bremse presently has an average rating of “Hold”.

About Knorr-Bremse

Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety systems for rail vehicles and commercial vehicles. Founded by Georg Knorr in Berlin in 1905, the company is headquartered in Munich and supplies vehicle manufacturers and operators around the world. Its rail-vehicle products include braking systems, doors, air-conditioning and power-supply systems, and control and monitoring technologies. For commercial vehicles, Knorr-Bremse provides braking and air-treatment systems, driver-assistance technologies, and related control and steering products.