Kion Group (OTCMKTS:KIGRY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Kion Group (OTCMKTS:KIGRY – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

KIGRY has been the topic of a number of recent analyst reports. Oddo Bhf raised shares of Kion Group to an “outperform” rating in a research report on Monday, May 4th. Zacks Research upgraded shares of Kion Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Jefferies Financial Group upgraded shares of Kion Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, DZ Bank raised shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th.

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Kion Group Trading Down 3.0%

Shares of OTCMKTS KIGRY opened at $10.82 on Tuesday. The firm has a 50 day moving average price of $12.49 and a two-hundred day moving average price of $15.42. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99. Kion Group has a 52-week low of $10.26 and a 52-week high of $20.54. The stock has a market cap of $5.68 billion, a P/E ratio of 13.53 and a beta of 2.04.

About Kion Group

(Get Free Report)

Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.

The group’s key brands include Linde Material Handling, STILL and Dematic.

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