Kion Group (OTCMKTS:KIGRY) Hits New 52-Week Low – What’s Next?

Kion Group (OTCMKTS:KIGRYGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $11.6250 and last traded at $11.6250, with a volume of 1885 shares. The stock had previously closed at $11.84.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Oddo Bhf raised Kion Group to an “outperform” rating in a research report on Monday, May 4th. Jefferies Financial Group raised Kion Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. 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 research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, two 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 data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Kion Group

Kion Group Stock Performance

The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 14.48 and a beta of 2.04. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99. The firm has a 50-day simple moving average of $12.95 and a two-hundred day simple moving average of $16.16.

Kion Group Company Profile

(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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