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

Kuehne + Nagel International AG (OTCMKTS:KHNGY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 400 shares, a growth of 100.0% from the September 30th total of 200 shares. Based on an average trading volume of 36,900 shares, the days-to-cover ratio is currently 0.0 days.

Kuehne + Nagel International Stock Down 0.4 %

Shares of OTCMKTS:KHNGY traded down $0.19 during trading on Monday, reaching $50.65. The stock had a trading volume of 9,000 shares, compared to its average volume of 14,327. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $30.58 billion, a P/E ratio of 21.37, a PEG ratio of 6.13 and a beta of 0.86. The firm’s 50-day simple moving average is $56.12 and its 200 day simple moving average is $56.74. Kuehne + Nagel International has a one year low of $49.61 and a one year high of $70.74.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on KHNGY shares. UBS Group raised Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th. Finally, Barclays upgraded shares of Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th.

About Kuehne + Nagel International

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.