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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s stock price passed 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 changing hands.

Analyst Ratings Changes

A number of research analysts recently commented on KHNGY shares. Zacks Research downgraded shares of Kuehne & Nagel International from a “hold” rating to a “strong sell” rating in a research report on Friday, September 26th. BNP Paribas raised shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Kuehne & Nagel International from a “buy” rating to a “hold” rating in a research note on Friday, September 19th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Kuehne & Nagel International has an average rating of “Reduce”.

Kuehne & Nagel International Price Performance

The company has a market cap 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 current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average price is $39.95 and its 200 day moving average price is $42.56.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its earnings results on Thursday, July 24th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.02). Kuehne & Nagel International had a return on equity of 41.79% and a net margin of 4.47%.The firm had revenue of $7.45 billion during the quarter, compared to analyst estimates of $6.11 billion. Equities research analysts forecast that Kuehne & Nagel International Ag will post 2.31 earnings per share 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.