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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,823 shares, a growth of 361.5% from the May 14th total of 395 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 20,120 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. HSBC downgraded shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Finally, Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Kuehne & Nagel International Stock Performance

Shares of Kuehne & Nagel International stock traded up $1.55 during trading hours on Thursday, reaching $49.50. The company’s stock had a trading volume of 3,908 shares, compared to its average volume of 7,694. The stock has a market cap of $29.89 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 3.80 and a beta of 0.76. Kuehne & Nagel International has a one year low of $36.76 and a one year high of $51.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.03. The company’s 50 day simple moving average is $46.36 and its 200 day simple moving average is $45.01.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly 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. The business had revenue of $7.15 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. As a group, analysts expect that Kuehne & Nagel International will post 2.14 EPS for the current fiscal 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.