Kuehne & Nagel International (OTCMKTS:KHNGY) Sees Strong Trading Volume – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) saw an uptick in trading volume on Wednesday . 18,055 shares were traded during trading, an increase of 58% from the previous session’s volume of 11,435 shares.The stock last traded at $45.89 and had previously closed at $45.06.

Wall Street Analysts Forecast Growth

A number of research firms have commented on KHNGY. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Zacks Research upgraded Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. The Goldman Sachs Group upgraded Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Finally, HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Kuehne & Nagel International currently has a consensus rating of “Hold”.

Kuehne & Nagel International Price Performance

The stock has a market capitalization of $27.24 billion, a price-to-earnings ratio of 25.63, a price-to-earnings-growth ratio of 3.63 and a beta of 0.77. The company has a 50 day moving average of $45.62 and a 200 day moving average of $43.71. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.44 by $0.09. The company had revenue of $7.15 billion during the quarter, compared to analyst estimates of $7.58 billion. Kuehne & Nagel International had a return on equity of 40.73% and a net margin of 3.52%. As a group, equities research analysts forecast 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.