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

Shares of Kion Group (OTCMKTS:KIGRY) have been given an average rating of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

KIGRY has been the topic of a number of research reports. Morgan Stanley upgraded shares of Kion Group to an “overweight” rating in a research note on Tuesday, July 7th. DZ Bank raised Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Oddo Bhf raised Kion Group to an “outperform” rating in a report on Monday, May 4th. Finally, Zacks Research downgraded Kion Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th.

Kion Group Price Performance

Shares of OTCMKTS:KIGRY opened at $11.70 on Friday. Kion Group has a twelve month low of $10.26 and a twelve month high of $20.54. The company’s 50 day moving average is $11.86 and its 200 day moving average is $14.40. 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 market cap of $6.14 billion, a PE ratio of 14.62 and a beta of 2.05.

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.