Kion Group (OTCMKTS:KIGRY) Hits New 52-Week High - Here's What Happened

Shares of Kion Group (OTCMKTS:KIGRY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.79 and last traded at $13.77, with a volume of 1227 shares. The stock had previously closed at $13.65.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Kion Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th.

Kion Group Price Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.01 and a quick ratio of 0.69. The firm has a market capitalization of $7.79 billion, a PE ratio of 35.35 and a beta of 2.02. The company has a 50-day moving average price of $11.95 and a 200-day moving average price of $10.44.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $2.93 billion for the quarter. Kion Group had a return on equity of 3.37% and a net margin of 1.80%. Sell-side analysts forecast that Kion Group will post 0.78 EPS for the current year.

Kion Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were issued a $0.1437 dividend. This represents a yield of 1.24%. This is an increase from Kion Group's previous dividend of $0.12. The ex-dividend date of this dividend was Thursday, May 29th. Kion Group's payout ratio is presently 33.33%.

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.