Kion Group (OTCMKTS:KIGRY) Sets New 12-Month Low – Here’s What Happened

Kion Group Ag (OTCMKTS:KIGRY)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $7.88 and last traded at $7.91, with a volume of 24590 shares trading hands. The stock had previously closed at $8.03.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Kion Group to a “strong-buy” rating in a research note on Thursday, October 10th.

Kion Group Trading Down 1.4 %

The company has a 50 day simple moving average of $8.90 and a two-hundred day simple moving average of $9.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. The firm has a market cap of $4.15 billion, a PE ratio of 11.46 and a beta of 1.96.

Kion Group (OTCMKTS:KIGRY) last issued its earnings results on Wednesday, October 30th. The company reported $0.15 EPS for the quarter. Kion Group had a return on equity of 5.67% and a net margin of 2.88%. The firm had revenue of $2.97 billion for the quarter. Analysts expect that Kion Group Ag will post 0.79 EPS for the current fiscal year.

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.