Kuehne + Nagel International (OTCMKTS:KHNGY) Stock Price Passes Above 50-Day Moving Average of $49.00

Shares of Kuehne + Nagel International AG (OTCMKTS:KHNGYGet Rating) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $49.00 and traded as high as $52.23. Kuehne + Nagel International shares last traded at $51.66, with a volume of 12,961 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on KHNGY shares. Morgan Stanley dropped their price objective on Kuehne + Nagel International from CHF 300 to CHF 260 and set an “equal weight” rating on the stock in a report on Friday, July 15th. JPMorgan Chase & Co. raised their price target on Kuehne + Nagel International from CHF 278 to CHF 282 in a report on Tuesday, July 26th. Finally, HSBC raised Kuehne + Nagel International from a “hold” rating to a “buy” rating in a report on Monday, May 23rd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Kuehne + Nagel International has a consensus rating of “Moderate Buy” and an average target price of $285.50.

Kuehne + Nagel International Price Performance

The stock has a fifty day simple moving average of $49.00 and a two-hundred day simple moving average of $53.40. The company has a market cap of $31.19 billion, a PE ratio of 10.27 and a beta of 0.88. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.05.

Kuehne + Nagel International Company Profile

(Get Rating)

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics segments. It provides less-than-container load, reefer and project logistics, cargo insurance, full container shipping solutions, and customs clearance services.

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