Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Short Interest Update

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 395 shares, a drop of 94.3% from the April 30th total of 6,936 shares. Based on an average daily trading volume, of 30,469 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Kuehne & Nagel International Price Performance

Shares of KHNGY traded down $0.38 on Wednesday, hitting $44.82. The company’s stock had a trading volume of 10,453 shares, compared to its average volume of 12,004. The company has a market capitalization of $27.06 billion, a PE ratio of 25.47, a PEG ratio of 3.59 and a beta of 0.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. Kuehne & Nagel International has a fifty-two week low of $36.76 and a fifty-two week high of $51.00. The company has a 50 day moving average price of $45.49 and a 200 day moving average price of $44.30.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.44 by $0.09. The business had revenue of $7.15 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. On average, research analysts anticipate that Kuehne & Nagel International will post 2.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

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.