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Kion Group (OTCMKTS:KIGRY) Shares Down 8.6% - Should You Sell?

Kion Group logo with Industrials background
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Key Points

  • Shares plunged 8.6% to $12.065 on Monday, with just 154 shares traded versus an average of 39,806, highlighting significant OTC illiquidity and potential price volatility.
  • Analyst sentiment is mixed with a consensus of Hold (1 Buy, 3 Hold, 1 Sell); recent notes include Deutsche Bank reissuing a Buy, Jefferies upgrading to Hold, and Zacks downgrading to Strong Sell.
  • Kion has a $6.35B market cap and a PE of ~24; it beat revenue estimates last quarter ($3.61B vs $3.48B) but has low profitability (net margin 2.12%, ROE 4.0%) and currently trades below its 50‑ and 200‑day moving averages.
  • Interested in Kion Group? Here are five stocks we like better.

Kion Group (OTCMKTS:KIGRY - Get Free Report) shares fell 8.6% during trading on Monday . The stock traded as low as $12.0650 and last traded at $12.0650. 154 shares traded hands during trading, a decline of 100% from the average session volume of 39,806 shares. The stock had previously closed at $13.20.

Analyst Upgrades and Downgrades

KIGRY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Kion Group in a research note on Monday, December 8th. Jefferies Financial Group upgraded shares of Kion Group from a "strong sell" rating to a "hold" rating in a research report on Wednesday, March 4th. Finally, Zacks Research cut shares of Kion Group from a "hold" rating to a "strong sell" rating in a research note on Friday, March 6th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Kion Group currently has a consensus rating of "Hold".

Read Our Latest Research Report on Kion Group

Kion Group Stock Down 0.0%

The company has a market cap of $6.35 billion, a PE ratio of 24.23 and a beta of 2.21. The company has a fifty day moving average of $15.99 and a two-hundred day moving average of $17.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. Kion Group had a net margin of 2.12% and a return on equity of 4.00%. The business had revenue of $3.61 billion for the quarter, compared to analysts' expectations of $3.48 billion. As a group, analysts anticipate that Kion Group will post 0.78 earnings per share for the current fiscal year.

Kion Group Company Profile

(Get Free Report)

Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.

The group's key brands include Linde Material Handling, STILL and Dematic.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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