Kuehne + Nagel International (OTCMKTS:KHNGY) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Kuehne + Nagel International AG (OTCMKTS:KHNGY)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $46.46 and traded as high as $46.71. Kuehne + Nagel International shares last traded at $46.51, with a volume of 14,522 shares trading hands.

Kuehne + Nagel International Stock Performance

The stock has a market cap of $28.14 billion, a PE ratio of 21.28 and a beta of 0.79. The stock has a fifty day moving average price of $46.51 and a 200 day moving average price of $48.38.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.04). Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The firm had revenue of $7.70 billion for the quarter, compared to analysts’ expectations of $6.08 billion. As a group, equities analysts anticipate that Kuehne + Nagel International AG will post 2.31 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.