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Kion Group (OTCMKTS:KIGRY) Trading 0.8% Higher - Here's Why

Kion Group logo with Industrials background

Kion Group (OTCMKTS:KIGRY - Get Free Report)'s share price was up 0.8% on Monday . The company traded as high as $12.17 and last traded at $12.04. Approximately 16,159 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 47,147 shares. The stock had previously closed at $11.94.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on Kion Group

Kion Group Stock Performance

The company has a market cap of $6.19 billion, a PE ratio of 28.07 and a beta of 1.99. The firm's fifty day moving average is $11.18 and its 200 day moving average is $10.14. The company has a current ratio of 1.01, a quick ratio of 0.69 and a debt-to-equity ratio of 0.16.

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 company had revenue of $2.93 billion during the quarter. Kion Group had a net margin of 1.80% and a return on equity of 3.37%. As a group, research analysts predict that Kion Group will post 0.78 EPS for the current fiscal year.

Kion Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were issued a $0.1437 dividend. This represents a yield of 1.24%. This is a boost from Kion Group's previous dividend of $0.12. The ex-dividend date was Thursday, May 29th. Kion Group's payout ratio is presently 33.33%.

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.

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