Kuehne + Nagel International (OTCMKTS:KHNGY) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Kuehne + Nagel International AG (OTCMKTS:KHNGY) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $54.51 and traded as low as $45.45. Kuehne + Nagel International shares last traded at $46.12, with a volume of 30,425 shares.

Analysts Set New Price Targets

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

Kuehne + Nagel International Stock Up 1.0 %

The firm has a 50 day moving average of $48.02 and a 200-day moving average of $54.51. The company has a market cap of $27.85 billion, a P/E ratio of 21.06 and a beta of 0.84.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. The firm had revenue of $7.50 billion for the quarter. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. On average, research analysts predict that Kuehne + Nagel International AG will post 2.37 EPS 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.