Kuehne + Nagel International (OTCMKTS:KHNGY) Hits New 12-Month Low – What’s Next?

Kuehne + Nagel International AG (OTCMKTS:KHNGY)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $49.09 and last traded at $49.23, with a volume of 22013 shares traded. The stock had previously closed at $49.91.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KHNGY. UBS Group upgraded shares of Kuehne + Nagel International to a “hold” rating in a research report on Tuesday, October 1st. Barclays upgraded 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 company has a debt-to-equity ratio of 0.06, a current ratio of 1.19 and a quick ratio of 1.19. The stock’s 50-day moving average price is $54.34 and its 200-day moving average price is $56.43.

Kuehne + Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings results 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. The firm had revenue of $7.50 billion for the quarter. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 34.49%. On average, equities research analysts expect that Kuehne + Nagel International AG will post 2.38 EPS 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.