Kion Group (OTCMKTS:KIGRY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Kion Group (OTCMKTS:KIGRY) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have weighed in on KIGRY shares. Oddo Bhf upgraded Kion Group to an “outperform” rating in a research note on Monday, May 4th. Morgan Stanley upgraded shares of Kion Group to an “overweight” rating in a research report on Tuesday, July 7th. Zacks Research downgraded shares of Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Finally, DZ Bank upgraded shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th.

Kion Group Stock Performance

OTCMKTS KIGRY opened at $11.25 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.15. Kion Group has a twelve month low of $10.26 and a twelve month high of $20.54. The business has a 50-day moving average price of $11.93 and a 200-day moving average price of $14.52. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 14.06 and a beta of 2.05.

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.