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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 2,690 shares, a decrease of 59.9% from the June 15th total of 6,711 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 13,424 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

KHNGY has been the topic of several recent research reports. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Finally, Zacks Research cut shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Kuehne & Nagel International Price Performance

Shares of OTCMKTS:KHNGY traded up $0.42 during trading on Tuesday, reaching $51.87. The stock had a trading volume of 5,760 shares, compared to its average volume of 10,178. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $52.27. The business’s 50-day moving average price is $47.04 and its 200 day moving average price is $46.07. 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 market capitalization of $31.32 billion, a PE ratio of 29.47, a P/E/G ratio of 3.97 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released 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. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.The business had revenue of $7.15 billion for the quarter, compared to analyst estimates of $7.58 billion. As a group, equities analysts predict that Kuehne & Nagel International will post 2.14 earnings per share for the current year.

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.