Kuehne & Nagel International Ag (OTCMKTS:KHNGY – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 6,238 shares, a decline of 60.5% from the September 15th total of 15,784 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 13,553 shares, the days-to-cover ratio is currently 0.5 days.
Analyst Ratings Changes
A number of research analysts have issued reports on the company. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Finally, Royal Bank Of Canada initiated coverage on shares of Kuehne & Nagel International in a report on Thursday. They set a “sector perform” rating for the company. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Report on KHNGY
Kuehne & Nagel International Price Performance
OTCMKTS:KHNGY opened at $55.24 on Thursday. The firm’s fifty day moving average price is $53.13 and its two-hundred day moving average price is $49.57. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market cap of $33.35 billion, a P/E ratio of 30.02, a P/E/G ratio of 3.44 and a beta of 0.73. Kuehne & Nagel International has a one year low of $36.80 and a one year high of $56.57.
Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%. Equities analysts expect that Kuehne & Nagel International will post 2.17 earnings per share for the current year.
About Kuehne & Nagel International
Kuehne+Nagel International AG is a Switzerland-based global logistics company that provides transportation and supply chain management services to businesses worldwide. The company organizes the movement of goods by sea, air, road and rail, serving customers across industries including healthcare, consumer goods, technology, industrial manufacturing and aerospace.
Its services include ocean and air freight forwarding, road logistics, contract logistics, warehousing, distribution, customs clearance and supply chain management.
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