Kuehne + Nagel International (OTCMKTS:KHNGY) Sets New 52-Week Low – Here’s What Happened

Kuehne + Nagel International AG (OTCMKTS:KHNGY) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $44.08 and last traded at $44.29, with a volume of 50805 shares traded. The stock had previously closed at $45.45.

Analyst Upgrades and Downgrades

Several research firms recently commented on KHNGY. Citigroup upgraded shares of Kuehne + Nagel International to a “strong sell” rating in a report on Wednesday, October 9th. Barclays raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Friday, September 27th. Finally, UBS Group raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st.

Kuehne + Nagel International Trading Down 2.6 %

The firm has a market capitalization of $26.74 billion, a price-to-earnings ratio of 20.22 and a beta of 0.84. The company has a fifty day moving average price of $46.73 and a 200-day moving average price of $53.41.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. The firm had revenue of $7.50 billion during the quarter. As a group, sell-side analysts predict that Kuehne + Nagel International AG will post 2.37 EPS for the current fiscal year.

Kuehne + Nagel International Company Profile

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.