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

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

Kuehne & Nagel International Trading Up 1.8%

KHNGY traded up $0.81 during midday trading on Thursday, reaching $45.63. 5,588 shares of the company’s stock traded hands, compared to its average volume of 11,513. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $51.00. The stock has a market capitalization of $27.55 billion, a price-to-earnings ratio of 25.92, a P/E/G ratio of 3.59 and a beta of 0.77. The firm has a fifty day moving average of $45.49 and a two-hundred day moving average of $44.30. 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 (OTCMKTS:KHNGY) last announced its earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) 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 firm had revenue of $7.15 billion during the quarter, compared to analyst estimates of $7.58 billion. On average, equities analysts anticipate that Kuehne & Nagel International will post 2.14 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

KHNGY has been the subject of several recent analyst reports. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. HSBC cut shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average 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.