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

Kion Group (OTCMKTS:KIGRY) has been assigned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

Several brokerages have recently commented on KIGRY. DZ Bank raised shares of Kion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Jefferies Financial Group raised shares of Kion Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Oddo Bhf raised Kion Group to an “outperform” rating in a report on Monday, May 4th. Finally, Zacks Research raised Kion Group from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th.

Kion Group Stock Down 1.0%

KIGRY opened at $11.96 on Tuesday. Kion Group has a fifty-two week low of $10.26 and a fifty-two week high of $20.54. The stock has a fifty day moving average of $12.66 and a 200-day moving average of $15.62. The company has a market capitalization of $6.27 billion, a P/E ratio of 14.95 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.

About Kion Group

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.