Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down – Should You Sell?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price gapped down prior to trading on Monday. The stock had previously closed at $59.20, but opened at $56.39. Kuehne & Nagel International shares last traded at $56.39, with a volume of 693 shares traded.

Analyst Ratings Changes

Several equities analysts have recently weighed in on KHNGY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Royal Bank Of Canada began coverage on shares of Kuehne & Nagel International in a research report on Thursday, October 15th. They set a “hold” rating for the company. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, October 28th. Zacks Research raised shares of Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 22nd. Finally, Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Kuehne & Nagel International Trading Down 1.8%

The business’s 50-day moving average is $54.75 and its two-hundred day moving average is $49.28. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $33.96 billion, a PE ratio of 25.33, a PEG ratio of 3.24 and a beta of 0.77.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21. Kuehne & Nagel International had a return on equity of 43.31% and a net margin of 3.82%. The firm had revenue of $9.09 billion during the quarter, compared to the consensus estimate of $7.70 billion. On average, analysts predict that Kuehne & Nagel International Ag will post 2.28 earnings per share for the current year.

About Kuehne & Nagel International

Kuehne+Nagel International AG is a Switzerland-based transport and logistics company that helps businesses move, store and manage goods. Its services include sea freight, airfreight, road transport and contract logistics, along with customs clearance and supply chain management solutions.

Founded in Bremen, Germany, in 1890 by August Kühne and Friedrich Nagel, the company developed from a freight-forwarding business into a global logistics provider. It is headquartered in Schindellegi, Switzerland.

Kuehne+Nagel serves customers across international markets and industries, coordinating shipments and logistics operations through its worldwide network.