KION Grp AG/ADR (KIGRY) Upgraded to Hold by Zacks Investment Research

Zacks Investment Research upgraded shares of KION Grp AG/ADR (OTCMKTS:KIGRY) from a sell rating to a hold rating in a report released on Tuesday morning.

According to Zacks, “KION Group AG is a manufacturer of industrial trucks, producer of forklifts as well as warehouse automation. The company designs, builds and supports logistics solutions. KION Group AG is based in Wiesbaden, Germany. “

A number of other equities research analysts also recently commented on the company. UBS Group raised KION Grp AG/ADR from a neutral rating to a buy rating in a research report on Tuesday, October 16th. ValuEngine raised KION Grp AG/ADR from a sell rating to a hold rating in a research report on Wednesday, July 25th.

Shares of OTCMKTS:KIGRY opened at $14.66 on Tuesday. The firm has a market capitalization of $6.40 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 1.28 and a beta of 0.28. The company has a quick ratio of 0.53, a current ratio of 0.81 and a debt-to-equity ratio of 0.88. KION Grp AG/ADR has a 52 week low of $11.66 and a 52 week high of $24.13.

KION Grp AG/ADR Company Profile

KION GROUP AG provides supply chain solutions worldwide. The company operates through Industrial Trucks and Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and IC engine, ride-on and hand-operated industrial trucks, towing vehicles, and automated trucks and autonomous trucks under the Linde, Fenwick, STILL, OM STILL, Baoli, and OM Voltas brands.

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