Kion Group (OTCMKTS:KIGRY) Hits New 1-Year High - Here's What Happened

Kion Group (OTCMKTS:KIGRY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $12.79 and last traded at $12.79, with a volume of 20151 shares trading hands. The stock had previously closed at $12.20.

Analyst Ratings Changes

KIGRY has been the topic of several recent research reports. Citigroup raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 4th. Barclays raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th.

Kion Group Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.69 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $7.16 billion, a PE ratio of 32.50 and a beta of 1.99. The stock has a fifty day simple moving average of $11.60 and a 200-day simple moving average of $10.29.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported ($0.10) EPS for the quarter. Kion Group had a net margin of 1.80% and a return on equity of 3.37%. The company had revenue of $2.93 billion during the quarter. Equities analysts anticipate that Kion Group will post 0.78 earnings per share 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 given a $0.1437 dividend. This represents a dividend 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 dividend payout ratio (DPR) is 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.