KUEHNE&NAGEL INTL (OTCMKTS:KHNGY) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of KUEHNE&NAGEL INTL (OTCMKTS:KHNGY) from a sell rating to a hold rating in a report released on Tuesday, December 19th.

According to Zacks, “Kuehne + Nagel International AG is a logistics company. It operates through six segments: Seafreight, Airfreight, Road & Rail Logistics, Contract Logistics, Real Estate, and Insurance Brokers. The Company is engaged in transportation services, including carrier services and contracts of carriage related to shipment; provision of services related to warehouse and distribution activities; brokerage services of insurance coverage, mainly marine liability; and covers activities mainly related to internal rent of facilities. It operates in Europe, the Americas, the Asia-Pacific, the Middle East, Central Asia, and Africa. Kuehne + Nagel International AG is headquartered in Schindellegi, Switzerland. “

KUEHNE&NAGEL INTL (OTCMKTS KHNGY) traded down $0.23 during midday trading on Tuesday, reaching $36.37. 126 shares of the company’s stock traded hands, compared to its average volume of 321. KUEHNE&NAGEL INTL has a 1-year low of $26.59 and a 1-year high of $37.28. The stock has a market capitalization of $21,960.00, a P/E ratio of 30.25 and a beta of 0.69.

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Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Seafreight, Airfreight, Overland, and Contract Logistics. It provides airfreight services; seafreight services, including full and less than container loads, intra Europe/short sea intermodal solutions integration with carriers, flexible schedules, blue anchor line agent, online booking online, tracking & tracing of shipments, cargo insurance, and customs clearance; and overland transportation and contract logistics services.

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