Kion Group (OTCMKTS:KIGRY) Upgraded to Strong-Buy at UBS Group

by · The Cerbat Gem

UBS Group upgraded shares of Kion Group (OTCMKTS:KIGRY – Free Report) to a strong-buy rating in a research note released on Thursday, Zacks.com reports.

Kion Group Stock Performance

Shares of OTCMKTS KIGRY opened at $9.73 on Thursday. The firm’s 50 day moving average price is $9.37 and its 200-day moving average price is $10.79. Kion Group has a 52-week low of $7.30 and a 52-week high of $13.91. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 0.22.

Kion Group (OTCMKTS:KIGRY – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 5.78% and a net margin of 2.94%. The business had revenue of $3.10 billion for the quarter. On average, research analysts forecast that Kion Group will post 0.79 earnings per share for the current year.

Kion Group Company Profile

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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.

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