Kion Group (OTCMKTS:KIGRY - Get Free Report) shares fell 4% during mid-day trading on Thursday . The stock traded as low as $14.69 and last traded at $14.69. Approximately 7,965 shares were traded during trading, a decline of 81% from the average session volume of 42,307 shares. The stock had previously closed at $15.30.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Kion Group in a research report on Friday, July 4th.
Check Out Our Latest Report on Kion Group
Kion Group Price Performance
The company has a debt-to-equity ratio of 0.16, a current ratio of 0.99 and a quick ratio of 0.68. The stock has a 50 day simple moving average of $12.82 and a two-hundred day simple moving average of $10.89. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 35.12 and a beta of 2.02.
Kion Group (OTCMKTS:KIGRY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported ($0.10) earnings per share for the quarter. Kion Group had a net margin of 1.80% and a return on equity of 3.39%. The firm had revenue of $2.93 billion for the quarter. On average, equities research analysts predict that Kion Group will post 0.78 earnings per share for the current fiscal year.
Kion Group Increases Dividend
The company also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a dividend of $0.1437 per share. This represents a dividend yield of 1.24%. The ex-dividend date was Thursday, May 29th. This is a positive change from Kion Group's previous dividend of $0.12. Kion Group's payout ratio is presently 33.33%.
About Kion Group
(
Get Free Report)
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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