Kuehne & Nagel International (OTCMKTS:KHNGY) Sees Strong Trading Volume – What’s Next?

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) saw unusually-high trading volume on Monday . Approximately 17,493 shares were traded during mid-day trading, an increase of 84% from the previous session’s volume of 9,522 shares.The stock last traded at $43.78 and had previously closed at $43.2784.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. HSBC cut shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a report on Wednesday, January 14th. Zacks Research raised shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 27th. Finally, Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Kuehne & Nagel International Trading Up 1.5%

The stock has a market capitalization of $26.53 billion, a P/E ratio of 24.82, a PEG ratio of 3.80 and a beta of 0.87. The stock’s fifty day moving average price is $45.66 and its 200 day moving average price is $42.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.88 and a quick ratio of 0.88.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Tuesday, March 3rd. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). The company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.73 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. Research analysts forecast that Kuehne & Nagel International Ag will post 2.31 earnings per share for the current 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.