Kuehne & Nagel International (OTCMKTS:KHNGY) Sees Large Volume Increase – Time to Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) shares saw unusually-strong trading volume on Friday. Approximately 25,283 shares changed hands during mid-day trading, an increase of 215% from the average daily volume of 8,020 shares. The stock last traded at $57.57 and had previously closed at $59.20.

Analysts Set New Price Targets

A number of equities analysts have recently commented on KHNGY shares. Royal Bank Of Canada assumed coverage on shares of Kuehne & Nagel International in a research note on Thursday, October 15th. They set a “hold” rating for the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 22nd. Finally, Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Kuehne & Nagel International Stock Performance

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $34.59 billion, a P/E ratio of 25.81, a P/E/G ratio of 3.39 and a beta of 0.77. The company’s 50 day moving average is $54.69 and its 200 day moving average is $49.22.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.21. The business had revenue of $9.09 billion for the quarter, compared to analyst estimates of $7.70 billion. Kuehne & Nagel International had a return on equity of 43.31% and a net margin of 3.82%. As a group, equities analysts predict 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 global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.