Kuehne + Nagel International AG (OTCMKTS:KHNGY) Sees Significant Decline in Short Interest

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,600 shares, a drop of 78.0% from the November 30th total of 11,800 shares. Based on an average trading volume of 73,600 shares, the short-interest ratio is presently 0.0 days.

Kuehne + Nagel International Price Performance

Shares of OTCMKTS KHNGY traded down $0.20 during trading on Friday, hitting $46.05. The stock had a trading volume of 32,644 shares, compared to its average volume of 18,445. The firm has a fifty day moving average of $47.69 and a two-hundred day moving average of $54.28. Kuehne + Nagel International has a 12 month low of $44.22 and a 12 month high of $70.74. The company has a market capitalization of $27.80 billion, a PE ratio of 21.03 and a beta of 0.84.

Kuehne + Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. The firm had revenue of $7.50 billion during the quarter. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. On average, equities analysts expect that Kuehne + Nagel International will post 2.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

KHNGY has been the topic of a number of recent research reports. UBS Group raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Citigroup upgraded Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th. Finally, Barclays raised Kuehne + Nagel International to a “hold” rating in a research note on Friday, September 27th.

Kuehne + Nagel International Company Profile

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.