Kion Group (OTCMKTS:KIGRY) Sets New 1-Year High - Here's Why

Kion Group (OTCMKTS:KIGRY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $15.33 and last traded at $15.33, with a volume of 5926 shares traded. The stock had previously closed at $14.85.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Kion Group in a report on Friday. Barclays upgraded shares of Kion Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th.

Kion Group Trading Up 3.2%

The firm has a market capitalization of $8.05 billion, a P/E ratio of 36.50 and a beta of 2.02. The company has a quick ratio of 0.69, a current ratio of 1.01 and a debt-to-equity ratio of 0.16. The firm's 50-day simple moving average is $12.04 and its 200-day simple moving average is $10.52.

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

Kion Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid 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 was Thursday, May 29th. Kion Group's payout ratio is presently 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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