Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) gapped down before the market opened on Monday . The stock had previously closed at $47.24, but opened at $45.10. Kuehne & Nagel International shares last traded at $45.10, with a volume of 509 shares changing hands.

Analyst Ratings Changes

KHNGY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday. The Goldman Sachs Group raised Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Finally, HSBC cut Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Kuehne & Nagel International has a consensus rating of “Hold”.

Kuehne & Nagel International Stock Performance

The firm has a fifty day moving average price of $45.62 and a 200 day moving average price of $43.66. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $27.62 billion, a PE ratio of 26.00, a price-to-earnings-growth ratio of 3.57 and a beta of 0.77.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings data on Friday, April 24th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 40.73% and a net margin of 3.52%.The firm had revenue of $7.15 billion during the quarter, compared to analyst estimates of $7.58 billion. Research analysts forecast that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.