Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Short Interest Up 83.6% in May

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 14,366 shares, a growth of 83.6% from the May 14th total of 7,826 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 20,067 shares, the short-interest ratio is presently 0.7 days.

Analyst Ratings Changes

KNRRY has been the subject of several recent analyst reports. Citigroup raised shares of Knorr-Bremse from a “neutral” rating to a “buy” rating in a report on Tuesday, May 19th. UBS Group reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Monday, February 23rd. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Knorr-Bremse presently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Stock Up 0.8%

Shares of OTCMKTS:KNRRY opened at $29.97 on Wednesday. Knorr-Bremse has a 12 month low of $22.62 and a 12 month high of $33.96. The company’s 50-day moving average price is $29.54 and its two-hundred day moving average price is $29.25. The firm has a market cap of $19.32 billion and a P/E ratio of 107.04.

Knorr-Bremse (OTCMKTS:KNRRY) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.30 billion. As a group, equities analysts predict that Knorr-Bremse will post 1.13 earnings per share for the current fiscal year.

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.