Kuehne + Nagel International (OTCMKTS:KHNGY) Reaches New 12-Month Low – What’s Next?

Kuehne + Nagel International AG (OTCMKTS:KHNGY)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as $44.08 and last traded at $44.29, with a volume of 50805 shares changing hands. The stock had previously closed at $45.45.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. UBS Group upgraded Kuehne + Nagel International to a “hold” rating in a research report on Tuesday, October 1st. Barclays upgraded shares of Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th. Finally, Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a report on Wednesday, October 9th.

Kuehne + Nagel International Stock Down 2.6 %

The stock has a market cap of $26.74 billion, a PE ratio of 20.22 and a beta of 0.84. The company has a fifty day moving average price of $46.84 and a 200 day moving average price of $53.54.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.01. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The firm had revenue of $7.50 billion during the quarter. As a group, research analysts predict that Kuehne + Nagel International AG will post 2.37 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.