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

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

Kion Group Stock Performance

KIGRY opened at $12.21 on Tuesday. 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 quick ratio of 0.60 and a current ratio of 0.96. The company has a fifty day moving average of $9.32 and a 200 day moving average of $9.26. 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 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.