Kion Group (OTCMKTS:KIGRY) Sets New 12-Month Low – Here’s Why

Kion Group Ag (OTCMKTS:KIGRY) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $7.88 and last traded at $7.91, with a volume of 24590 shares. The stock had previously closed at $8.03.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Kion Group to a “strong-buy” rating in a report on Thursday, October 10th.

Kion Group Price Performance

The company has a market cap of $4.15 billion, a PE ratio of 11.46 and a beta of 1.96. The business’s 50 day moving average price is $8.86 and its 200-day moving average price is $9.46. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 0.22.

Kion Group (OTCMKTS:KIGRY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $2.97 billion during the quarter. Kion Group had a net margin of 2.88% and a return on equity of 5.67%. As a group, analysts forecast that Kion Group Ag will post 0.79 earnings per share for the current year.

About Kion Group

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.