Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down – Time to Sell?

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) gapped down before the market opened on Friday . The stock had previously closed at $46.54, but opened at $43.86. Kuehne & Nagel International shares last traded at $43.97, with a volume of 6,882 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on KHNGY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. 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. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research note on Tuesday, February 10th. Finally, HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

Kuehne & Nagel International Price Performance

The stock has a market capitalization of $26.74 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 1.34 and a beta of 0.87. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average is $45.63 and its 200 day moving average is $41.98.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.07). Kuehne & Nagel International had a return on equity of 38.42% and a net margin of 3.57%.The firm had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.73 billion. Research analysts anticipate that Kuehne & Nagel International Ag will post 2.31 EPS for the current fiscal 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.