Kion Group (OTCMKTS:KIGRY) Given Consensus Recommendation of “Moderate Buy” by Analysts

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

Several research firms have weighed in on KIGRY. Zacks Research cut shares of Kion Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. 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 research note on Monday, May 4th. Finally, Morgan Stanley raised shares of Kion Group to an “overweight” rating in a research note on Tuesday, July 7th.

Kion Group Stock Performance

Kion Group stock opened at $11.60 on Friday. The stock has a 50-day simple moving average of $11.98 and a 200 day simple moving average of $14.62. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.15. Kion Group has a 12-month low of $10.26 and a 12-month high of $20.54. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 14.50 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.