Kuehne + Nagel International (OTCMKTS:KHNGY) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Kuehne + Nagel International AG (OTCMKTS:KHNGY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 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 Price Performance

The firm has a market cap of $29.58 billion, a P/E ratio of 22.37 and a beta of 0.79. The stock’s 50 day moving average is $46.10 and its two-hundred day moving average is $48.94.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Monday, March 3rd. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.04). The business had revenue of $7.70 billion during the quarter, compared to the consensus estimate of $6.08 billion. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. As a group, research analysts forecast 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.