Kuehne + Nagel International (OTCMKTS:KHNGY) Reaches New 52-Week Low – Here’s Why

Kuehne + Nagel International AG (OTCMKTS:KHNGY) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $44.08 and last traded at $44.29, with a volume of 50805 shares trading hands. The stock had previously closed at $45.45.

Analysts Set New Price Targets

A number of equities analysts recently commented on KHNGY shares. UBS Group upgraded Kuehne + Nagel International to a “hold” rating in a report on Tuesday, October 1st. Barclays raised shares of Kuehne + Nagel International to a “hold” rating in a research report on Friday, September 27th. 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 Performance

The stock has a market cap of $26.74 billion, a P/E ratio of 20.22 and a beta of 0.84. The firm has a 50-day moving average price of $46.84 and a 200-day moving average price of $53.54.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted 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 during the quarter. On average, research analysts predict that Kuehne + Nagel International AG will post 2.37 earnings per share for the current 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.