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

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

KIGRY has been the subject of several recent analyst reports. DZ Bank raised shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Jefferies Financial Group raised shares of Kion Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Oddo Bhf raised shares of Kion Group to an “outperform” rating in a research note on Monday, May 4th. Finally, Zacks Research downgraded shares of Kion Group from a “hold” rating to a “strong sell” rating in a research note on Friday, March 6th.

Kion Group Stock Performance

Shares of OTCMKTS:KIGRY opened at $11.84 on Friday. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 14.80 and a beta of 2.04. The company has a 50-day moving average price of $12.95 and a 200-day moving average price of $16.16. The company has a current ratio of 0.99, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15. Kion Group has a 12 month low of $11.67 and a 12 month high of $20.54.

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.