Kuehne + Nagel International (OTCMKTS:KHNGY) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Kuehne + Nagel International AG (OTCMKTS:KHNGY) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $46.10 and traded as high as $49.00. Kuehne + Nagel International shares last traded at $49.00, with a volume of 10,030 shares trading hands.

Kuehne + Nagel International Trading Down 1.1 %

The firm’s 50 day moving average is $46.17 and its two-hundred day moving average is $48.94. The stock has a market cap of $29.06 billion, a price-to-earnings ratio of 21.98 and a beta of 0.79.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.04). Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. The company had revenue of $7.70 billion for the quarter, compared to analyst estimates of $6.08 billion. As a group, equities analysts expect that Kuehne + Nagel International AG will post 2.31 EPS for the current fiscal 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.