Kion Group (OTCMKTS:KIGRY) Upgraded at Citigroup

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

Kion Group Stock Performance

Shares of OTCMKTS KIGRY opened at $12.21 on Tuesday. The firm has a fifty day moving average price of $9.32 and a 200-day moving average price of $9.26. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.96 and a quick ratio of 0.60. The stock has a market cap of $6.41 billion, a PE ratio of 17.70 and a beta of 1.96. Kion Group has a 1 year low of $7.88 and a 1 year high of $13.91.

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.