Kion Group (OTCMKTS:KIGRY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Kion Group (OTCMKTS:KIGRY) have been assigned an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company.

A number of research analysts have recently weighed in on the stock. Zacks Research cut shares of Kion Group from a “hold” rating to a “strong sell” rating in a research note on Friday, March 6th. Oddo Bhf upgraded shares of Kion Group to an “outperform” rating in a report on Monday. Finally, Jefferies Financial Group upgraded shares of Kion Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th.

Kion Group Stock Performance

Shares of Kion Group stock opened at $13.05 on Monday. The stock has a market cap of $6.84 billion, a PE ratio of 16.31 and a beta of 2.07. The company has a current ratio of 0.99, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average of $13.94 and a two-hundred day moving average of $16.82. Kion Group has a 12-month low of $10.61 and a 12-month high of $20.54.

Kion Group (OTCMKTS:KIGRY) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.48 billion. Kion Group had a return on equity of 6.19% and a net margin of 3.26%. On average, research analysts anticipate that Kion Group will post 0.96 EPS for the current fiscal year.

Kion Group Company Profile

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.