Kion Group (OTCMKTS:KIGRY) Stock Rating Upgraded by DZ Bank

Kion Group (OTCMKTS:KIGRY) was upgraded by analysts at DZ Bank from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

KIGRY has been the topic of several other reports. Zacks Research downgraded Kion Group from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Jefferies Financial Group raised Kion Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, Oddo Bhf raised Kion Group to an “outperform” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Kion Group Price Performance

Shares of KIGRY opened at $12.91 on Tuesday. The business’s 50-day moving average is $13.13 and its two-hundred day moving average is $16.58. The company has a market capitalization of $6.77 billion, a P/E ratio of 16.14 and a beta of 2.07. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99. Kion Group has a fifty-two week low of $11.46 and a fifty-two week high of $20.54.

Kion Group (OTCMKTS:KIGRY) last announced 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 for 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%. Research analysts predict that Kion Group will post 0.98 earnings per share for the current year.

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.