Kuehne & Nagel International (OTCMKTS:KHNGY) Sees Unusually-High Trading Volume – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) shares saw unusually-high trading volume on Thursday . Approximately 13,748 shares were traded during mid-day trading, an increase of 111% from the previous session’s volume of 6,510 shares.The stock last traded at $43.99 and had previously closed at $49.02.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on KHNGY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Tuesday. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a report on Wednesday, January 28th. Zacks Research upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 27th. Finally, The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

Kuehne & Nagel International Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 0.88 and a quick ratio of 0.88. The company has a 50-day simple moving average of $44.98 and a 200-day simple moving average of $41.58. The stock has a market cap of $26.56 billion, a PE ratio of 21.89, a PEG ratio of 1.26 and a beta of 0.88.

About Kuehne & Nagel International

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.