Barclays Upgrades Kion Group (OTCMKTS:KIGRY) to Strong-Buy

Kion Group (OTCMKTS:KIGRY) was upgraded by equities researchers at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Separately, Citigroup raised Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 4th.

Kion Group Trading Up 0.9 %

KIGRY opened at $12.70 on Monday. The company’s 50 day moving average price is $10.01 and its two-hundred day moving average price is $9.41. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 18.41 and a beta of 1.96. Kion Group has a fifty-two week low of $7.88 and a fifty-two week high of $13.91. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.96 and a quick ratio of 0.60.

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.