Kion Group (OTCMKTS:KIGRY) Hits New 1-Year High - Time to Buy?

Shares of Kion Group (OTCMKTS:KIGRY - Get Free Report) reached 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 changing hands. The stock had previously closed at $12.20.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Barclays upgraded Kion Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. Citigroup upgraded shares of Kion Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 4th.

Kion Group Stock Performance

The company has a market cap of $6.73 billion, a price-to-earnings ratio of 30.52 and a beta of 1.99. The stock has a 50 day simple moving average of $11.29 and a 200 day simple moving average of $10.19. The company has a quick ratio of 0.69, a current ratio of 1.01 and a debt-to-equity ratio of 0.16.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported ($0.10) earnings per share (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%. As a group, analysts predict that Kion Group will post 0.78 EPS for the current year.

Kion Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a dividend of $0.1437 per share. This represents a yield of 1.24%. The ex-dividend date of this dividend was Thursday, May 29th. This is a positive change from Kion Group's previous dividend of $0.12. Kion Group's dividend payout ratio (DPR) is 33.33%.

About Kion Group

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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