Kion Group (OTCMKTS:KIGRY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Kion Group (OTCMKTS:KIGRY) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have recently issued reports on KIGRY shares. Oddo Bhf raised shares of Kion Group to an “outperform” rating in a research note on Monday, May 4th. Zacks Research downgraded shares of Kion Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. DZ Bank upgraded shares of Kion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Finally, Morgan Stanley raised shares of Kion Group to an “overweight” rating in a research note on Tuesday, July 7th.

Kion Group Price Performance

Shares of KIGRY stock opened at $11.60 on Friday. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 14.50 and a beta of 2.05. Kion Group has a 12 month low of $10.26 and a 12 month high of $20.54. The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average price of $11.98 and a 200 day moving average price of $14.62.

About Kion Group

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.