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Kuehne & Nagel International (OTCMKTS:KHNGY) Share Price Crosses Below Fifty Day Moving Average - Here's What Happened

Kuehne & Nagel International logo with Transportation background

Key Points

  • Kuehne & Nagel International shares fell below their fifty-day moving average of $43.22, trading as low as $41.67 before settling at $42.39.
  • The company reported a missed EPS estimate for its recent quarter, posting $0.49 compared to the $0.51 expected by analysts, but exceeded revenue expectations with $7.45 billion.
  • Kuehne & Nagel has a market cap of $25.59 billion and offers integrated logistics services across various segments including Sea, Air, Road, and Contract Logistics.
  • Looking to export and analyze Kuehne & Nagel International data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $43.22 and traded as low as $41.67. Kuehne & Nagel International shares last traded at $42.39, with a volume of 46,904 shares traded.

Kuehne & Nagel International Price Performance

The business's 50 day simple moving average is $43.02 and its 200 day simple moving average is $44.75. The company has a market capitalization of $25.25 billion, a PE ratio of 18.75, a P/E/G ratio of 1.03 and a beta of 0.93.

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

About Kuehne & Nagel International

(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.

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