Hapag-Lloyd AG
HLAG: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|F.W | LOCK|w?K | LOCK|brHlK< |
Hapag-Lloyd: Poor Macroeconomic Trends Hit Freight Rates, Driving Shares Down
Hapag-Lloyd's volume increased for the first nine months, driven by the alliance with Gemini. However, this was not enough to offset decreasing freight rates, which drove shares lower in Nov. 13 trading. Hapag-Lloyd also narrowed its EBITDA and EBIT guidance ranges for the full year.
