Kuehne & Nagel International (OTCMKTS:KHNGY) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGYGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $41.68 and traded as low as $38.82. Kuehne & Nagel International shares last traded at $39.14, with a volume of 95,081 shares.

Analyst Upgrades and Downgrades

KHNGY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft cut shares of Kuehne & Nagel International from a “buy” rating to a “hold” rating in a report on Friday. BNP Paribas raised shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Get Our Latest Report on KHNGY

Kuehne & Nagel International Price Performance

The company has a 50 day moving average price of $41.68 and a 200-day moving average price of $43.83. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.20. The company has a market cap of $23.63 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 0.97 and a beta of 0.90.

Kuehne & Nagel International (OTCMKTS:KHNGYGet Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.02). Kuehne & Nagel International had a net margin of 4.47% and a return on equity of 41.79%. The firm had revenue of $7.45 billion during the quarter, compared to analyst estimates of $6.11 billion. As a group, equities research analysts predict that Kuehne & Nagel International Ag will post 2.31 EPS for the current fiscal year.

Kuehne & Nagel International Company Profile

(Get Free Report)

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.

Further Reading

Receive News & Ratings for Kuehne & Nagel International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kuehne & Nagel International and related companies with MarketBeat.com's FREE daily email newsletter.