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

Kuehne + Nagel International AG (OTCMKTS:KHNGY)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $46.46 and traded as high as $46.71. Kuehne + Nagel International shares last traded at $46.51, with a volume of 14,522 shares changing hands.

Kuehne + Nagel International Stock Up 0.2 %

The company has a fifty day moving average price of $46.51 and a 200-day moving average price of $48.38. The stock has a market capitalization of $28.14 billion, a P/E ratio of 21.28 and a beta of 0.79.

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