Kion Group (OTCMKTS:KIGRY) Cut to “Strong Sell” at Zacks Research

Kion Group (OTCMKTS:KIGRYGet Free Report) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other research firms also recently weighed in on KIGRY. Morgan Stanley raised Kion Group to an “overweight” rating in a research report on Tuesday. DZ Bank raised shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, Oddo Bhf upgraded shares of 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, three have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Get Our Latest Analysis on KIGRY

Kion Group Trading Down 1.7%

Shares of KIGRY stock opened at $11.59 on Wednesday. The company has a market cap of $6.08 billion, a PE ratio of 14.49 and a beta of 2.05. Kion Group has a 1 year low of $10.26 and a 1 year high of $20.54. The stock’s 50 day simple moving average is $12.20 and its two-hundred day simple moving average is $14.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.99 and a quick ratio of 0.68.

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

Analyst Recommendations for Kion Group (OTCMKTS:KIGRY)

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