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

Kuehne & Nagel International Ag (OTCMKTS:KHNGYGet Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 6,936 shares, an increase of 167.4% from the April 15th total of 2,594 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 11,182 shares, the days-to-cover ratio is presently 0.6 days.

Kuehne & Nagel International Trading Down 0.9%

KHNGY stock traded down $0.42 on Friday, reaching $44.35. The company’s stock had a trading volume of 6,613 shares, compared to its average volume of 10,921. The business has a fifty day simple moving average of $45.41 and a two-hundred day simple moving average of $43.91. Kuehne & Nagel International has a 12-month low of $36.76 and a 12-month high of $51.00. The firm has a market cap of $26.77 billion, a PE ratio of 25.20, a PEG ratio of 3.55 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.97 and a current ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGYGet Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The company had revenue of $7.15 billion during the quarter, compared to analyst estimates of $7.58 billion. Kuehne & Nagel International had a return on equity of 40.73% and a net margin of 3.52%. As a group, research analysts forecast that Kuehne & Nagel International will post 2.14 EPS for the current year.

Analyst Ratings Changes

KHNGY has been the subject of a number of research analyst reports. Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 1st. Jefferies Financial Group raised 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. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Finally, HSBC lowered Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Read Our Latest Report on Kuehne & Nagel International

About Kuehne & Nagel International

(Get Free Report)

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.

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