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Kuehne + Nagel International (OTCMKTS:KHNGY) Stock Crosses Below 50-Day Moving Average - Here's Why

Kuehne + Nagel International logo with Transportation background

Shares of Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $45.79 and traded as low as $43.99. Kuehne + Nagel International shares last traded at $44.23, with a volume of 33,972 shares trading hands.

Kuehne + Nagel International Stock Up 0.6 %

The stock's 50 day moving average is $45.79 and its two-hundred day moving average is $46.72. The company has a market capitalization of $26.70 billion, a PE ratio of 20.20 and a beta of 0.87.

Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.04). The business had revenue of $7.70 billion during the quarter, compared to analysts' expectations of $6.08 billion. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. On average, sell-side analysts predict that Kuehne + Nagel International AG will post 2.31 EPS for the current fiscal year.

About Kuehne + Nagel International

(Get Free Report)

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.

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