Kion Group (OTCMKTS:KIGRY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Kion Group (OTCMKTS:KIGRYGet Free Report) have received an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

Several equities analysts recently issued reports on KIGRY shares. Oddo Bhf raised shares of Kion Group to an “outperform” rating in a report on Monday, May 4th. Morgan Stanley upgraded Kion Group to an “overweight” rating in a report on Tuesday, July 7th. DZ Bank raised Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, Zacks Research downgraded Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th.

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Kion Group Stock Down 1.0%

Shares of Kion Group stock opened at $11.44 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.10 and a quick ratio of 0.77. Kion Group has a 1 year low of $10.26 and a 1 year high of $20.54. The firm’s 50-day moving average is $11.59 and its two-hundred day moving average is $13.40. The stock has a market cap of $6.00 billion, a price-to-earnings ratio of 13.46 and a beta of 2.05.

Kion Group (OTCMKTS:KIGRYGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter. Kion Group had a net margin of 3.36% and a return on equity of 6.33%. The business had revenue of $3.39 billion during the quarter, compared to analyst estimates of $3.28 billion. As a group, research analysts expect that Kion Group will post 0.95 earnings per share for the current fiscal year.

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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