Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down – What’s Next?
by Jessica Moore · The Cerbat GemShares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $47.24, but opened at $45.10. Kuehne & Nagel International shares last traded at $45.10, with a volume of 509 shares trading hands.
Analyst Upgrades and Downgrades
A number of research analysts have commented on KHNGY shares. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday. HSBC downgraded shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Finally, The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.
Get Our Latest Analysis on Kuehne & Nagel International
Kuehne & Nagel International Stock Down 7.3%
The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $26.43 billion, a P/E ratio of 24.87, a P/E/G ratio of 3.75 and a beta of 0.77. The stock’s 50 day simple moving average is $45.63 and its 200 day simple moving average is $43.56.
Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The company had revenue of $7.15 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 40.73%. As a group, research analysts predict that Kuehne & Nagel International Ag will post 2.14 EPS for the current fiscal year.
Kuehne & Nagel International Company Profile
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.