Kuehne & Nagel International (OTCMKTS:KHNGY) Stock Passes Below Fifty Day Moving Average - Here's Why

Key Points

• Kuehne & Nagel International's stock fell below its 50-day moving average of $41.15, trading as low as $37.07 on Tuesday.
• Wall Street analysts have shown mixed sentiments, with ratings ranging from "strong sell" to "hold," and a consensus rating of "Reduce."
• The company reported $0.49 EPS for the last quarter, which was below the consensus estimate, despite a revenue of $7.45 billion outpacing expectations.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $41.15 and traded as low as $37.07. Kuehne & Nagel International shares last traded at $37.40, with a volume of 62,800 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. BNP Paribas upgraded shares of Kuehne & Nagel International from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft lowered shares of Kuehne & Nagel International from a "buy" rating to a "hold" rating in a report on Friday, September 19th. Finally, Zacks Research lowered shares of Kuehne & Nagel International from a "hold" rating to a "strong sell" rating in a report on Friday, September 26th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Kuehne & Nagel International has a consensus rating of "Reduce".

Kuehne & Nagel International Trading Down 1.6%

The company's fifty day moving average price is $41.15 and its two-hundred day moving average price is $43.46. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. The firm has a market cap of $22.58 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 0.97 and a beta of 0.90.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.02). The firm 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 41.79% and a net margin of 4.47%. As a group, sell-side analysts predict that Kuehne & Nagel International Ag will post 2.31 EPS 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.

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