Kion Group (OTCMKTS:KIGRY) Stock Price Down 4% - What's Next?

Kion Group (OTCMKTS:KIGRY - Get Free Report) shares traded down 4% during mid-day trading on Thursday . The stock traded as low as $14.69 and last traded at $14.69. 7,965 shares traded hands during trading, a decline of 81% from the average session volume of 42,307 shares. The stock had previously closed at $15.30.

Analyst Upgrades and Downgrades

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

Kion Group Stock Up 1.9%

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 business has a 50-day moving average price of $12.97 and a two-hundred day moving average price of $11.02. The firm has a market cap of $7.83 billion, a PE ratio of 35.52 and a beta of 2.02.

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 firm had revenue of $2.93 billion for the quarter. Kion Group had a return on equity of 3.39% and a net margin of 1.80%. On average, equities research analysts expect that Kion Group will post 0.78 EPS for the current 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 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 was Thursday, May 29th. Kion Group's payout ratio is 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.