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Kion Group (OTCMKTS:KIGRY) Shares Down 0.9% - What's Next?

Kion Group logo with Industrials background

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) shares fell 0.9% on Monday . The company traded as low as $11.51 and last traded at $11.51. 2,873 shares were traded during trading, a decline of 89% from the average session volume of 26,057 shares. The stock had previously closed at $11.61.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on KIGRY. Citigroup raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 4th. Barclays raised shares of Kion Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th.

Read Our Latest Research Report on Kion Group

Kion Group Price Performance

The stock has a market capitalization of $6.06 billion, a PE ratio of 16.74 and a beta of 2.00. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 0.10. The company's 50 day simple moving average is $10.45 and its 200 day simple moving average is $9.81.

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. The company had revenue of $2.93 billion during the quarter. Kion Group had a net margin of 2.88% and a return on equity of 5.62%. On average, equities analysts anticipate that Kion Group Ag will post 0.78 earnings per share for the current year.

Kion Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a $0.1437 dividend. This represents a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, May 29th. This is a positive change from Kion Group's previous dividend of $0.12. Kion Group's dividend payout ratio (DPR) is 30.95%.

Kion Group Company Profile

(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.

Further Reading

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