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

Shares of Kion Group Ag (OTCMKTS:KIGRY - Get Free Report) reached a new 52-week low on Friday . The stock traded as low as $7.88 and last traded at $7.91, with a volume of 24590 shares traded. The stock had previously closed at $8.03.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Kion Group to a "strong-buy" rating in a report on Thursday, October 10th.

Kion Group Price Performance

The stock has a market cap of $4.15 billion, a P/E ratio of 11.46 and a beta of 1.96. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.07. The firm has a 50-day moving average price of $8.86 and a 200-day moving average price of $9.46.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.15 earnings per share (EPS) for the quarter. The company 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%. On average, analysts forecast that Kion Group Ag will post 0.79 earnings per share for the current fiscal 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.