Kion Group (OTCMKTS:KIGRY) Upgraded by Barclays to Strong-Buy Rating

Barclays upgraded shares of Kion Group (OTCMKTS:KIGRY) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Separately, Citigroup upgraded Kion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 4th.

Kion Group Price Performance

Shares of Kion Group stock opened at $12.70 on Monday. The stock has a 50 day moving average price of $10.01 and a 200-day moving average price of $9.41. Kion Group has a one year low of $7.88 and a one year high of $13.91. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.96. The stock has a market cap of $6.66 billion, a price-to-earnings ratio of 18.41 and a beta of 1.96.

About Kion Group

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.