Kion Group (OTCMKTS:KIGRY) Hits New 12-Month Low – What’s Next?

Kion Group (OTCMKTS:KIGRYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $11.6250 and last traded at $11.6250, with a volume of 1885 shares traded. The stock had previously closed at $11.84.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on KIGRY shares. Zacks Research lowered Kion Group from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Oddo Bhf raised Kion Group to an “outperform” rating in a research report on Monday, May 4th. DZ Bank raised Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, Jefferies Financial Group raised Kion Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Kion Group currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on KIGRY

Kion Group Stock Performance

The company has a 50-day moving average price of $12.91 and a two-hundred day moving average price of $16.13. The company has a current ratio of 0.99, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $5.99 billion, a P/E ratio of 14.28 and a beta of 2.04.

About Kion Group

(Get Free Report)

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.

Further Reading

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