Kion Group (OTCMKTS:KIGRY) Rating Lowered to Strong Sell at Zacks Research

Kion Group (OTCMKTS:KIGRYGet Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other research firms also recently commented on KIGRY. DZ Bank upgraded shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Oddo Bhf raised shares of Kion Group to an “outperform” rating in a report on Monday, May 4th. Finally, Morgan Stanley upgraded shares of Kion Group to an “overweight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Kion Group presently has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on KIGRY

Kion Group Price Performance

Shares of OTCMKTS KIGRY opened at $11.59 on Wednesday. The stock has a market cap of $6.08 billion, a P/E ratio of 14.49 and a beta of 2.05. Kion Group has a twelve month low of $10.26 and a twelve month high of $20.54. The stock has a 50 day moving average of $12.20 and a two-hundred day moving average of $14.93. The company has a current ratio of 0.99, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15.

About Kion Group

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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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Analyst Recommendations for Kion Group (OTCMKTS:KIGRY)

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