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

UBS Group upgraded shares of Kion Group (OTCMKTS:KIGRY) to a strong-buy rating in a report published on Thursday morning, Zacks.com reports.

Kion Group Stock Up 0.5 %

Shares of OTCMKTS:KIGRY opened at $9.73 on Thursday. Kion Group has a 52-week low of $7.30 and a 52-week high of $13.91. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $5.10 billion, a price-to-earnings ratio of 13.51 and a beta of 2.02. The company has a 50 day moving average of $9.37 and a two-hundred day moving average of $10.78.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.14 EPS for the quarter. Kion Group had a return on equity of 5.78% and a net margin of 2.94%. The company had revenue of $3.10 billion during the quarter. As a group, analysts forecast that Kion Group will post 0.79 earnings per share for the current fiscal year.

Kion Group Company Profile

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.