Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Cross Below 50-Day Moving Average – Should You Sell?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $39.95 and traded as low as $38.68. Kuehne & Nagel International shares last traded at $38.88, with a volume of 28,475 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Zacks Research downgraded shares of Kuehne & Nagel International from a “hold” rating to a “strong sell” rating in a report on Friday, September 26th. Deutsche Bank Aktiengesellschaft downgraded shares of Kuehne & Nagel International from a “buy” rating to a “hold” rating in a report on Friday, September 19th. Finally, BNP Paribas upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kuehne & Nagel International presently has a consensus rating of “Reduce”.

Kuehne & Nagel International Trading Down 0.5%

The stock has a market capitalization of $23.47 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 1.04 and a beta of 0.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.86 and a quick ratio of 0.86. The business’s 50-day simple moving average is $39.95 and its two-hundred day simple moving average is $42.56.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The business had revenue of $7.45 billion for the quarter, compared to analyst estimates of $6.11 billion. Kuehne & Nagel International had a net margin of 4.47% and a return on equity of 41.79%. On average, research 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.