Kuehne + Nagel International (OTCMKTS:KHNGY) Hits New 1-Year Low – Here’s Why

Kuehne + Nagel International AG (OTCMKTS:KHNGY) reached a new 52-week low on Wednesday . The company traded as low as $44.22 and last traded at $44.45, with a volume of 29523 shares traded. The stock had previously closed at $45.23.

Analyst Ratings Changes

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

Kuehne + Nagel International Stock Down 1.7 %

The stock has a market capitalization of $26.83 billion, a P/E ratio of 20.29 and a beta of 0.84. The company has a fifty day moving average price of $48.67 and a 200-day moving average price of $55.00.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. As a group, research analysts expect that Kuehne + Nagel International AG will post 2.37 earnings per share for the current fiscal year.

About Kuehne + Nagel International

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.