Kion Group (OTCMKTS:KIGRY) Hits New 12-Month High - What's Next?

Key Points

• Kion Group's stock price reached a new 52-week high of $16.05, marking significant trading activity with a volume of 8,781 shares.
• Analysts have restated a "buy" rating for Kion Group, suggesting positive market sentiment toward the company's future performance.
• The company recently declared a dividend of $0.1437, which indicates a yield of 124.0%, up from the previous dividend of $0.12.

Kion Group (OTCMKTS:KIGRY - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The company traded as high as $16.05 and last traded at $16.05, with a volume of 8781 shares. The stock had previously closed at $15.37.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Kion Group in a research report on Friday, July 4th.

Kion Group Trading Up 4.6%

The company has a current ratio of 0.99, a quick ratio of 0.68 and a debt-to-equity ratio of 0.16. The company has a market cap of $8.44 billion, a PE ratio of 33.50 and a beta of 1.98. The business's 50-day simple moving average is $13.81 and its 200-day simple moving average is $11.56.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.20 EPS for the quarter. Kion Group had a net margin of 2.08% and a return on equity of 3.89%. The company had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.18 billion. As a group, analysts expect that Kion Group will post 0.78 EPS for the current fiscal year.

Kion Group Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were given a $0.1437 dividend. The ex-dividend date was Thursday, May 29th. This represents a yield of 124.0%. This is a positive change from Kion Group's previous dividend of $0.12. Kion Group's dividend payout ratio (DPR) is 29.17%.

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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