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

Key Points

• Kion Group's stock reached a new **52-week high** at $17.34 during trading, closing slightly lower at $17.21, with an average rating of **"Strong Buy"** from analysts.
• The company recently reported quarterly earnings of **$0.20 EPS** and announced an increase in its dividend to **$0.1437**, reflecting a **124.0% dividend yield**.
• With a market cap of **$9.03 billion**, Kion Group maintains a **debt-to-equity ratio of 0.16** and has a current ratio of 0.99, indicating solid financial health.

Kion Group (OTCMKTS:KIGRY - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $17.34 and last traded at $17.21, with a volume of 30732 shares traded. The stock had previously closed at $17.08.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Kion Group in a report on Friday, July 4th. Three research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Strong Buy".

Kion Group Trading Down 2.9%

The company has a quick ratio of 0.68, a current ratio of 0.99 and a debt-to-equity ratio of 0.16. The firm has a market cap of $8.84 billion, a price-to-earnings ratio of 35.08 and a beta of 1.98. The business's fifty day moving average is $15.05 and its two-hundred day moving average is $12.30.

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

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.