Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Stock Short Interest Jumps 239.9%

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 15,784 shares, a growth of 239.9% from the August 31st total of 4,644 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 9,149 shares, the days-to-cover ratio is currently 1.7 days.

Analyst Ratings Changes

KHNGY has been the topic of several recent analyst reports. Zacks Research downgraded shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Kuehne & Nagel International Stock Down 0.6%

Shares of OTCMKTS:KHNGY traded down $0.34 during trading hours on Friday, hitting $54.81. The company’s stock had a trading volume of 8,278 shares, compared to its average volume of 5,081. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $56.57. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $33.09 billion, a price-to-earnings ratio of 29.79, a P/E/G ratio of 3.07 and a beta of 0.74. The firm’s fifty day moving average price is $52.18 and its 200 day moving average price is $48.57.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $8.22 billion for 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%. As a group, research analysts expect that Kuehne & Nagel International will post 2.17 EPS for the current year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based global logistics and freight-forwarding company. It provides transportation and supply-chain solutions for businesses across a range of industries, helping customers move, store and manage goods through international logistics networks.

The company’s principal services include sea freight, air freight, road logistics and contract logistics. It also offers warehousing and distribution, customs clearance, supply-chain management, project logistics and technology-enabled shipment visibility.