Kuehne + Nagel International (OTCMKTS:KHNGY) Sets New 12-Month Low – What’s Next?

Kuehne + Nagel International AG (OTCMKTS:KHNGY)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $45.84 and last traded at $45.87, with a volume of 50959 shares changing hands. The stock had previously closed at $47.72.

Wall Street Analyst Weigh In

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

Kuehne + Nagel International Price Performance

The business’s fifty day simple moving average is $48.94 and its 200 day simple moving average is $55.14.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The business had revenue of $7.50 billion for the quarter. Equities analysts expect that Kuehne + Nagel International AG will post 2.37 earnings per share 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.