Kuehne + Nagel International (OTCMKTS:KHNGY) Reaches New 1-Year Low – Time to Sell?

Kuehne + Nagel International AG (OTCMKTS:KHNGY) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $45.84 and last traded at $45.87, with a volume of 50959 shares changing hands. The stock had previously closed at $47.72.

Wall Street Analyst Weigh In

KHNGY has been the subject of several recent analyst reports. Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th. Barclays raised Kuehne + Nagel International to a “hold” rating in a research report on Friday, September 27th. Finally, UBS Group upgraded Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st.

Kuehne + Nagel International Price Performance

The business’s fifty day moving average is $48.94 and its 200-day moving average is $55.14.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $0.63 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 during the quarter. As a group, equities analysts anticipate that Kuehne + Nagel International AG will post 2.37 EPS for the current 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.