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

Kuehne + Nagel International AG (OTCMKTS:KHNGYGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $45.39 and traded as high as $47.50. Kuehne + Nagel International shares last traded at $47.40, with a volume of 7,939 shares trading hands.

Kuehne + Nagel International Price Performance

The stock has a market cap of $28.46 billion, a price-to-earnings ratio of 21.52 and a beta of 0.84. The business’s 50-day simple moving average is $45.44 and its two-hundred day simple moving average is $50.58.

About Kuehne + Nagel International

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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.

Further Reading

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