Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Stock Short Interest Report for September

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 6,238 shares, a drop of 60.5% from the September 15th total of 15,784 shares. Based on an average trading volume of 13,553 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Zacks Research downgraded Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Finally, Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Kuehne & Nagel International Stock Down 1.9%

Shares of KHNGY stock traded down $1.04 during trading hours on Wednesday, reaching $54.37. 6,179 shares of the company’s stock were exchanged, compared to its average volume of 8,275. Kuehne & Nagel International has a 1 year low of $36.80 and a 1 year high of $56.57. The stock has a market cap of $32.83 billion, a PE ratio of 29.55, a PEG ratio of 3.40 and a beta of 0.73. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average price is $53.04 and its two-hundred day moving average price is $49.50.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $8.22 billion during the quarter, compared to analyst estimates of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. Research analysts predict that Kuehne & Nagel International will post 2.17 EPS 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.