Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Short Interest Up 114.3% in September

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 3,000 shares, an increase of 114.3% from the August 31st total of 1,400 shares. Based on an average trading volume of 48,000 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 48,000 shares, the short-interest ratio is currently 0.1 days.

Kuehne & Nagel International Stock Performance

Shares of Kuehne & Nagel International stock opened at $38.64 on Monday. The firm has a market capitalization of $23.33 billion, a P/E ratio of 17.33, a PEG ratio of 0.99 and a beta of 0.90. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average price of $40.86 and a 200 day moving average price of $43.21. Kuehne & Nagel International has a 52 week low of $37.07 and a 52 week high of $52.70.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.02). The company had revenue of $7.45 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Kuehne & Nagel International had a net margin of 4.47% and a return on equity of 41.79%. Sell-side analysts expect that Kuehne & Nagel International will post 2.31 EPS for the current year.

Analyst Ratings Changes

KHNGY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft cut shares of Kuehne & Nagel International from a “buy” rating to a “hold” rating in a report on Friday, September 19th. Zacks Research cut shares of Kuehne & Nagel International from a “hold” rating to a “strong sell” rating in a report on Friday, September 26th. Finally, BNP Paribas upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

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.