Kion Group (OTCMKTS:KIGRY – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.25 EPS for the quarter, Zacks reports. Kion Group had a net margin of 3.26% and a return on equity of 6.09%.
Kion Group Price Performance
Shares of Kion Group stock opened at $11.53 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.10 and a quick ratio of 0.77. Kion Group has a fifty-two week low of $10.26 and a fifty-two week high of $20.54. The firm has a fifty day moving average price of $11.72 and a two-hundred day moving average price of $14.04. The company has a market cap of $6.05 billion, a PE ratio of 14.41 and a beta of 2.05.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on KIGRY shares. Morgan Stanley upgraded shares of Kion Group to an “overweight” rating in a research note on Tuesday, July 7th. DZ Bank upgraded shares of Kion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Oddo Bhf raised Kion Group to an “outperform” rating in a research report on Monday, May 4th. Finally, Zacks Research lowered Kion Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
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.
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