Kuehne & Nagel International (KHNGY) Upgraded to Hold by Zacks Investment Research
Kuehne & Nagel International (OTCMKTS:KHNGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday.
According to Zacks, “Kuehne + Nagel International AG is a logistics company. It operates through six segments: Seafreight, Airfreight, Road & Rail Logistics, Contract Logistics, Real Estate, and Insurance Brokers. The Company is engaged in transportation services, including carrier services and contracts of carriage related to shipment; provision of services related to warehouse and distribution activities; brokerage services of insurance coverage, mainly marine liability; and covers activities mainly related to internal rent of facilities. It operates in Europe, the Americas, the Asia-Pacific, the Middle East, Central Asia, and Africa. Kuehne + Nagel International AG is headquartered in Schindellegi, Switzerland. “
Shares of Kuehne & Nagel International (OTCMKTS:KHNGY) traded down $0.89 during midday trading on Friday, reaching $34.20. The company’s stock had a trading volume of 274 shares, compared to its average volume of 286. The company has a market cap of $20,940.00, a P/E ratio of 28.84 and a beta of 0.69. Kuehne & Nagel International has a 52 week low of $25.70 and a 52 week high of $37.28.
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