Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $51.30 and traded as high as $53.31. Kuehne & Nagel International shares last traded at $53.06, with a volume of 4,795 shares changing hands.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the stock. Barclays reissued an "underweight" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Zacks Research lowered shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Finally, Citigroup reissued a "sell" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold".
View Our Latest Research Report on KHNGY
Kuehne & Nagel International Price Performance
The company has a market capitalization of $32.04 billion, a PE ratio of 28.84, a P/E/G ratio of 3.52 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a 50 day moving average price of $51.30 and a two-hundred day moving average price of $47.71.
Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The business had revenue of $8.22 billion during the quarter, compared to analysts' expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%. Equities analysts forecast that Kuehne & Nagel International Ag will post 2.15 earnings per share for the current year.
Kuehne & Nagel International Company Profile
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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.
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