Kuehne + Nagel International (OTCMKTS:KHNGY) Stock Rating Upgraded by Citigroup

Kuehne + Nagel International (OTCMKTS:KHNGY) was upgraded by research analysts at Citigroup to a “strong sell” rating in a research note issued on Wednesday, Zacks.com reports.

A number of other brokerages also recently weighed in on KHNGY. UBS Group raised Kuehne + Nagel International to a “hold” rating in a research report on Tuesday, October 1st. Barclays raised Kuehne + Nagel International to a “hold” rating in a research report on Friday, September 27th.

Kuehne + Nagel International Trading Down 0.8 %

KHNGY opened at $51.59 on Wednesday. The business’s 50-day simple moving average is $57.84 and its 200 day simple moving average is $57.08. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.06. Kuehne + Nagel International has a 52-week low of $51.41 and a 52-week high of $70.74.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Tuesday, July 23rd. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). The business had revenue of $6.68 billion for the quarter. Kuehne + Nagel International had a return on equity of 34.63% and a net margin of 5.01%. As a group, equities research analysts forecast that Kuehne + Nagel International will post 2.39 earnings per share for the current fiscal year.

Kuehne + Nagel International Company Profile

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.