Kion Group (OTCMKTS:KIGRY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Kion Group (OTCMKTS:KIGRY) have received a consensus recommendation of “Hold” from the five research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company.

KIGRY has been the subject of several research reports. Jefferies Financial Group raised shares of Kion Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Citigroup lowered shares of Kion Group from a “buy” rating to a “hold” rating in a research note on Friday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Kion Group in a report on Monday, December 8th. Finally, Zacks Research lowered Kion Group from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th.

Kion Group Stock Performance

KIGRY stock opened at $13.19 on Tuesday. The stock’s 50 day simple moving average is $17.76 and its 200 day simple moving average is $17.68. Kion Group has a 12-month low of $7.66 and a 12-month high of $20.54. The firm has a market cap of $6.92 billion, a P/E ratio of 26.38 and a beta of 2.19. The company has a current ratio of 0.97, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15.

Kion Group (OTCMKTS:KIGRY) last released its earnings results on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.48 billion. Kion Group had a net margin of 2.12% and a return on equity of 4.03%. As a group, equities research analysts predict that Kion Group will post 0.78 EPS for the current 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.