Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Pass Above Fifty Day Moving Average – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $44.33 and traded as high as $48.41. Kuehne & Nagel International shares last traded at $48.38, with a volume of 7,050 shares.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KHNGY. The Goldman Sachs Group raised shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, October 29th. Zacks Research raised Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 27th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Kuehne & Nagel International presently has a consensus rating of “Reduce”.

Kuehne & Nagel International Stock Up 0.5%

The stock has a market cap of $29.21 billion, a P/E ratio of 24.07, a price-to-earnings-growth ratio of 1.42 and a beta of 0.88. The firm has a 50 day simple moving average of $44.33 and a 200-day simple moving average of $41.45. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.19.

About Kuehne & Nagel International

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.