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

Kion Group Ag (OTCMKTS:KIGRY - Get Free Report)'s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $7.66 and last traded at $7.76, with a volume of 71884 shares changing hands. The stock had previously closed at $8.44.

Analysts Set New Price Targets

KIGRY has been the subject of a number of research reports. Barclays raised Kion Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Citigroup upgraded Kion Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 4th.

Kion Group Price Performance

The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 13.41 and a beta of 1.95. The company's fifty day moving average price is $10.45 and its 200 day moving average price is $9.53. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.96.

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.