Hapag-Lloyd Aktiengesellschaft (HLAG.DE)
| Previous Close | 179.40 |
| Open | 178.40 |
| Bid | 176.00 x 52700 |
| Ask | 176.70 x 9900 |
| Day's Range | 172.70 - 179.20 |
| 52 Week Range | 103.40 - 235.00 |
| Volume | |
| Avg. Volume | 14,765 |
| Market Cap | 30.846B |
| Beta (5Y Monthly) | 1.22 |
| PE Ratio (TTM) | 23.03 |
| EPS (TTM) | 7.62 |
| Earnings Date | Aug 14, 2024 |
| Forward Dividend & Yield | 9.25 (5.16%) |
| Ex-Dividend Date | May 02, 2024 |
| 1y Target Est | 127.20 |
ReutersHapag-Lloyd CEO sees solid shipping demand driving up freight rates
Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd chief executive Rolf Habben Jansen said in a call with reporters on Wednesday. "We have seen solid demand, particularly since May 1, that meets with limited availability, also because of the Red Sea situation, that's why spot rates are going up," Habben Jansen said. The CEO, who heads the world's fifth largest container company, showed slides predicting that global demand for container space could grow between 3% and 4% year-on-year in 2024.
Barrons.comShipping Rates Are Soaring. Will They Refuel Inflation?
Sending goods around the world by ship is at least five times as expensive as it was last year, putting new cost pressures on companies and raising the specter of prolonged inflation. Container ship rates from Asia to Europe have jumped to about $8,000 per 40-foot shipping container, up from an average of $1,500 last year, according to Jefferies analyst Omar Nokta. Geopolitical tension is the biggest reason—the Houthi faction in Yemen continues to attack ships in the Red Sea in protest of Israel’s war in Gaza, despite efforts by the U.S. and others to stop the attacks.
Simply Wall St.Is It Too Late To Consider Buying Hapag-Lloyd Aktiengesellschaft (ETR:HLAG)?
Let's talk about the popular Hapag-Lloyd Aktiengesellschaft ( ETR:HLAG ). The company's shares led the XTRA gainers...
