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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price gapped down before the market opened on Monday. The stock had previously closed at $59.20, but opened at $56.39. Kuehne & Nagel International shares last traded at $56.39, with a volume of 693 shares.

Analyst Ratings Changes

KHNGY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 28th. Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 22nd. Royal Bank Of Canada started coverage on Kuehne & Nagel International in a research note on Thursday, October 15th. They issued a “hold” rating on the stock. Finally, Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Kuehne & Nagel International Stock Down 1.8%

The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market cap of $33.96 billion, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 3.24 and a beta of 0.77. The firm’s 50-day moving average is $54.75 and its 200 day moving average is $49.28.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.21. Kuehne & Nagel International had a net margin of 3.82% and a return on equity of 43.31%. The company had revenue of $9.09 billion for the quarter, compared to analyst estimates of $7.70 billion. Sell-side analysts anticipate that Kuehne & Nagel International Ag will post 2.28 earnings per share for the current fiscal year.

About Kuehne & Nagel International

Kuehne+Nagel International AG is a Switzerland-based transport and logistics company that helps businesses move, store and manage goods. Its services include sea freight, airfreight, road transport and contract logistics, along with customs clearance and supply chain management solutions.

Founded in Bremen, Germany, in 1890 by August Kühne and Friedrich Nagel, the company developed from a freight-forwarding business into a global logistics provider. It is headquartered in Schindellegi, Switzerland.

Kuehne+Nagel serves customers across international markets and industries, coordinating shipments and logistics operations through its worldwide network.