Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Short Interest Up 114.3% in September

Kuehne & Nagel International Ag (OTCMKTS:KHNGYGet Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,000 shares, an increase of 114.3% from the August 31st total of 1,400 shares. Based on an average daily volume of 48,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 48,000 shares, the days-to-cover ratio is currently 0.1 days.

Kuehne & Nagel International Trading Up 0.9%

OTCMKTS KHNGY opened at $38.64 on Monday. The company’s 50-day moving average price is $40.86 and its 200-day moving average price is $43.21. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. The stock has a market cap of $23.33 billion, a PE ratio of 17.33, a PEG ratio of 0.99 and a beta of 0.90. Kuehne & Nagel International has a 12 month low of $37.07 and a 12 month high of $52.70.

Kuehne & Nagel International (OTCMKTS:KHNGYGet Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $6.11 billion. Kuehne & Nagel International had a return on equity of 41.79% and a net margin of 4.47%. Equities research analysts forecast that Kuehne & Nagel International will post 2.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on KHNGY shares. BNP Paribas raised shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft downgraded shares of Kuehne & Nagel International from a “buy” rating to a “hold” rating in a research note on Friday, September 19th. Finally, Zacks Research downgraded shares of Kuehne & Nagel International from a “hold” rating to a “strong sell” rating in a research note on Friday, September 26th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Get Our Latest Stock Analysis on KHNGY

About Kuehne & Nagel International

(Get Free Report)

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.

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