Kion Group (OTCMKTS:KIGRY) Upgraded to Strong-Buy at Citigroup

Kion Group (OTCMKTS:KIGRY) was upgraded by analysts at Citigroup from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Kion Group Stock Up 0.9 %

Shares of OTCMKTS:KIGRY opened at $12.21 on Tuesday. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 17.70 and a beta of 1.96. Kion Group has a 1-year low of $7.88 and a 1-year high of $13.91. The company’s fifty day moving average is $9.32 and its two-hundred day moving average is $9.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.96.

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.