Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down – Should You Sell?

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) gapped down before the market opened on Friday . The stock had previously closed at $46.54, but opened at $43.86. Kuehne & Nagel International shares last traded at $43.97, with a volume of 6,882 shares changing hands.

Wall Street Analysts Forecast Growth

KHNGY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. HSBC cut Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Zacks Research upgraded Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Thursday, November 27th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Tuesday, February 10th. One research 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, Kuehne & Nagel International currently has a consensus rating of “Reduce”.

Kuehne & Nagel International Stock Performance

The company has a market capitalization of $27.02 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 4.10 and a beta of 0.87. The business’s fifty day moving average is $45.64 and its two-hundred day moving average is $42.00. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its earnings results on Tuesday, March 3rd. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07). The business had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.73 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. Equities research analysts predict 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.