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

Citigroup upgraded shares of Kion Group (OTCMKTS:KIGRY) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

Kion Group Stock Up 0.9 %

OTCMKTS:KIGRY opened at $12.21 on Tuesday. The stock has a 50-day moving average price of $9.32 and a two-hundred day moving average price of $9.26. Kion Group has a 1 year low of $7.88 and a 1 year high of $13.91. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 0.10. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 17.70 and a beta of 1.96.

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.