Kion Group (OTCMKTS:KIGRY) Hits New 52-Week Low – Time to Sell?

Kion Group Ag (OTCMKTS:KIGRY)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $8.04 and last traded at $8.04, with a volume of 14501 shares traded. The stock had previously closed at $8.43.

Analysts Set New Price Targets

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

Kion Group Stock Performance

The company has a market cap of $4.22 billion, a P/E ratio of 11.65 and a beta of 1.96. The stock’s 50-day moving average price is $9.25 and its 200-day moving average price is $9.72. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.07 and a quick ratio of 0.68.

Kion Group (OTCMKTS:KIGRY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.15 earnings per share (EPS) for the quarter. Kion Group had a net margin of 2.88% and a return on equity of 5.67%. The firm had revenue of $2.97 billion during the quarter. Equities analysts anticipate that Kion Group Ag will post 0.79 EPS for the current year.

Kion Group Company Profile

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.