Kuehne & Nagel International (OTCMKTS:KHNGY) Hits New 1-Year High – Here’s What Happened

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s stock price reached a new 52-week high on Thursday . The company traded as high as $51.38 and last traded at $51.38, with a volume of 307 shares traded. The stock had previously closed at $49.4550.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KHNGY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Zacks Research downgraded shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Finally, Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Kuehne & Nagel International Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s 50-day moving average is $46.62 and its two-hundred day moving average is $45.76. The company has a market cap of $30.86 billion, a P/E ratio of 29.04, a P/E/G ratio of 3.99 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. As a group, equities research analysts predict that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.