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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 1,823 shares, a growth of 361.5% from the May 14th total of 395 shares. Based on an average daily trading volume, of 20,120 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Kuehne & Nagel International Stock Performance

Shares of OTCMKTS:KHNGY traded up $1.55 during trading on Thursday, hitting $49.50. 3,908 shares of the stock were exchanged, compared to its average volume of 7,694. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $51.00. The company has a market capitalization of $29.89 billion, a price-to-earnings ratio of 28.13, a price-to-earnings-growth ratio of 3.80 and a beta of 0.76. The company’s fifty day simple moving average is $46.36 and its 200-day simple moving average is $45.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.03.

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

Analysts Set New Price Targets

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

Kuehne & Nagel International Company Profile

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.