Kuehne & Nagel International (OTCMKTS:KHNGY) Sees Unusually-High Trading Volume – Here’s Why

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) saw unusually-high trading volume on Monday . Approximately 17,493 shares were traded during mid-day trading, an increase of 84% from the previous session’s volume of 9,522 shares.The stock last traded at $43.78 and had previously closed at $43.2784.

Wall Street Analyst Weigh In

Several research analysts have recently commented on KHNGY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. Zacks Research upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 27th. The Goldman Sachs Group upgraded Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research note on Wednesday, January 14th. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Finally, HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Kuehne & Nagel International Stock Down 0.8%

The company has a market capitalization of $25.95 billion, a price-to-earnings ratio of 24.29, a P/E/G ratio of 3.86 and a beta of 0.87. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.88 and a quick ratio of 0.88. The firm’s fifty day moving average price is $45.63 and its 200-day moving average price is $42.11.

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