Trend Tide News

Kion Group (OTCMKTS:KIGRY) Trading Up 5.8% - What's Next?


Kion Group (OTCMKTS:KIGRY) Trading Up 5.8%  - What's Next?

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) shares traded up 5.8% on Friday . The stock traded as high as $9.97 and last traded at $9.94. 179,395 shares changed hands during mid-day trading, an increase of 927% from the average session volume of 17,468 shares. The stock had previously closed at $9.40.

The stock has a market cap of $5.22 billion, a PE ratio of 13.81 and a beta of 2.02. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.07 and a quick ratio of 0.68. The firm's 50 day moving average price is $9.37 and its two-hundred day moving average price is $10.92.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $3.10 billion during the quarter. Kion Group had a net margin of 2.94% and a return on equity of 5.78%. On average, research analysts expect that Kion Group Ag will post 0.79 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Kion Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kion Group wasn't on the list.

While Kion Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

commerce

9509

tech

10448

amusement

11412

science

5201

various

12128

healthcare

9164

sports

12093