Kion Group (OTCMKTS:KIGRY) Sets New 12-Month High - Should You Buy?

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 $15.33 and last traded at $15.33, with a volume of 5926 shares trading hands. The stock had previously closed at $14.85.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Barclays raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Kion Group in a research note on Friday.

Kion Group Stock 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 company has a market capitalization of $8.04 billion, a P/E ratio of 36.48 and a beta of 2.02. The stock's 50 day simple moving average is $12.04 and its two-hundred day simple moving average is $10.52.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported ($0.10) earnings per share for the quarter. The business 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, research analysts expect that Kion Group will post 0.78 earnings per share for the current year.

Kion Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a dividend of $0.1437 per share. 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 payout ratio 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.