Kion Group (OTCMKTS:KIGRY) Sets New 1-Year High – Still a Buy?

Shares of Kion Group (OTCMKTS:KIGRY) hit a new 52-week high during trading on Monday . The company traded as high as $20.54 and last traded at $20.54, with a volume of 891 shares trading hands. The stock had previously closed at $19.82.

Analysts Set New Price Targets

KIGRY has been the subject of several research analyst reports. Citigroup lowered shares of Kion Group from a “buy” rating to a “hold” rating in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Kion Group in a research note on Monday, December 8th. Finally, DZ Bank lowered Kion Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Kion Group Stock Performance

The stock has a market capitalization of $10.77 billion, a P/E ratio of 35.40 and a beta of 2.17. The stock’s 50-day simple moving average is $18.49 and its 200 day simple moving average is $16.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.97 and a quick ratio of 0.63.

Kion Group (OTCMKTS:KIGRY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $2.94 billion. Kion Group had a net margin of 2.48% and a return on equity of 4.59%. Research analysts expect that Kion Group will post 0.78 EPS for the current fiscal year.

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.