Short Interest in Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Expands By 361.5%

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,823 shares, an increase of 361.5% from the May 14th total of 395 shares. Based on an average daily volume of 20,120 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Kuehne & Nagel International Stock Down 0.2%

Shares of OTCMKTS:KHNGY traded down $0.11 during midday trading on Friday, hitting $49.56. 3,937 shares of the company’s stock were exchanged, compared to its average volume of 11,011. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a 50 day moving average price of $46.43 and a 200-day moving average price of $45.04. The company has a market cap of $29.93 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 3.80 and a beta of 0.76. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $51.00.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted 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 company had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. On average, sell-side analysts anticipate that Kuehne & Nagel International will post 2.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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