Kion Group (OTCMKTS:KIGRY) Stock Rated “Moderate Buy” by Wall Street Analysts

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

Several equities research analysts have weighed in on KIGRY shares. Zacks Research cut Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Citigroup upgraded Kion Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 8th. Finally, Morgan Stanley upgraded Kion Group to an “overweight” rating in a report on Tuesday, July 7th.

Kion Group Stock Performance

Shares of OTCMKTS:KIGRY opened at $10.01 on Thursday. The firm’s 50 day simple moving average is $11.93 and its 200-day simple moving average is $12.23. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.68 and a current ratio of 1.00. Kion Group has a one year low of $9.89 and a one year high of $20.54. The firm has a market cap of $5.25 billion, a PE ratio of 11.77 and a beta of 2.08.

Kion Group (OTCMKTS:KIGRY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 6.26% and a net margin of 3.36%.The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $3.28 billion. As a group, equities analysts predict that Kion Group will post 0.95 EPS for the current year.

About Kion Group

KION Group AG is a Germany-based provider of industrial trucks, supply chain solutions and warehouse automation technologies. Its products and services include forklift trucks, warehouse equipment, automated material-handling systems, robotics, warehouse management software and related maintenance and support services.

The company operates through two principal segments: Industrial Trucks & Services, which provides products such as counterbalance trucks, warehouse trucks and fleet-management solutions, and Supply Chain Solutions, which develops automated systems and software for distribution centers and logistics operations.