Kion Group (OTCMKTS:KIGRY) Given Average Recommendation of “Hold” by Brokerages

Kion Group (OTCMKTS:KIGRY) has been given an average rating of “Hold” by the six analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company.

Several equities analysts have weighed in on the company. Jefferies Financial Group raised Kion Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Zacks Research downgraded Kion Group from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Finally, Oddo Bhf raised Kion Group to an “outperform” rating in a research report on Monday, May 4th.

Kion Group Stock Performance

OTCMKTS KIGRY opened at $13.88 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.99 and a quick ratio of 0.68. The business has a 50 day moving average price of $13.62 and a 200 day moving average price of $16.78. The company has a market capitalization of $7.28 billion, a P/E ratio of 17.35 and a beta of 2.07. Kion Group has a 1-year low of $11.21 and a 1-year high of $20.54.

Kion Group (OTCMKTS:KIGRY) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.48 billion. Kion Group had a return on equity of 6.19% and a net margin of 3.26%. Sell-side analysts expect that Kion Group will post 0.98 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.