Kion Group (OTCMKTS:KIGRY) Sets New 1-Year Low – Should You Sell?

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

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 Trading Down 1.4 %

The stock has a fifty day simple moving average of $8.90 and a 200 day simple moving average of $9.48. The firm has a market capitalization of $4.15 billion, a P/E ratio of 11.46 and a beta of 1.96. The company has a quick ratio of 0.68, a current ratio of 1.07 and a debt-to-equity ratio of 0.22.

Kion Group (OTCMKTS:KIGRY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.15 EPS for the quarter. The business had revenue of $2.97 billion during the quarter. Kion Group had a net margin of 2.88% and a return on equity of 5.67%. As a group, research analysts forecast that Kion Group Ag will post 0.79 EPS for the current 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.