Kuehne + Nagel International (OTCMKTS:KHNGY) Share Price Passes Above 50 Day Moving Average – Here’s Why

Shares of Kuehne + Nagel International AG (OTCMKTS:KHNGYGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $45.57 and traded as high as $45.64. Kuehne + Nagel International shares last traded at $45.52, with a volume of 26,919 shares changing hands.

Kuehne + Nagel International Stock Down 0.9 %

The stock has a market cap of $27.48 billion, a P/E ratio of 20.79 and a beta of 0.84. The business has a 50-day simple moving average of $45.57 and a 200-day simple moving average of $51.25.

Kuehne + Nagel International Company Profile

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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.

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