Kuehne & Nagel International (OTCMKTS:KHNGY) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $45.52 and traded as low as $44.44. Kuehne & Nagel International shares last traded at $44.5760, with a volume of 6,674 shares traded.

Analyst Upgrades and Downgrades

KHNGY has been the topic of a number of recent research reports. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Zacks Research raised shares of Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. HSBC cut shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Kuehne & Nagel International Stock Performance

The stock has a 50-day simple moving average of $45.41 and a 200-day simple moving average of $43.91. The company has a market capitalization of $26.77 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 3.55 and a beta of 0.77. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.40.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 40.73% and a net margin of 3.52%.The company had revenue of $7.15 billion for the quarter, compared to analyst estimates of $7.58 billion. On average, analysts anticipate that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current year.

About Kuehne & Nagel International

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.