Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Pass Below Fifty Day Moving Average - Time to Sell?

Key Points

• Kuehne & Nagel International shares have crossed below their 50-day moving average of $43.73, trading as low as $40.47, which raises concerns among investors about potential selling opportunities.
• The company reported earnings of $0.49 EPS for the quarter, missing analysts' expectations of $0.51 by $0.02, although revenue significantly surpassed estimates at $7.45 billion.
• Kuehne & Nagel has a market capitalization of $24.65 billion and a return on equity of 38.55%, indicating strong financial performance in its industry.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $43.73 and traded as low as $40.47. Kuehne & Nagel International shares last traded at $40.82, with a volume of 58,996 shares traded.

Kuehne & Nagel International Stock Up 0.6%

The firm has a market cap of $25.53 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.03 and a beta of 0.93. The company has a 50 day moving average of $43.34 and a 200 day moving average of $44.86.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by ($0.02). The business had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $6.11 billion. Kuehne & Nagel International had a return on equity of 38.55% and a net margin of 4.47%. As a group, equities research analysts expect that Kuehne & Nagel International Ag will post 2.31 earnings per share for the current fiscal year.

About Kuehne & Nagel International

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.