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

by · The Cerbat Gem

Kuehne & Nagel International Ag (OTCMKTS:KHNGY – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 395 shares, a decline of 94.3% from the April 30th total of 6,936 shares. Based on an average daily volume of 30,469 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

KHNGY has been the subject of several research analyst reports. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. HSBC cut shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Finally, Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Read Our Latest Report on KHNGY

Kuehne & Nagel International Trading Down 0.8%

Shares of Kuehne & Nagel International stock traded down $0.38 on Wednesday, hitting $44.82. 10,453 shares of the company’s stock traded hands, compared to its average volume of 12,004. The firm’s 50-day moving average price is $45.49 and its two-hundred day moving average price is $44.30. The stock has a market capitalization of $27.06 billion, a PE ratio of 25.47, a price-to-earnings-growth ratio of 3.59 and a beta of 0.77. 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 current ratio of 1.03 and a quick ratio of 1.03.

Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. The company had revenue of $7.15 billion during the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. On average, research analysts expect that Kuehne & Nagel International will post 2.14 EPS for the current fiscal year.

Kuehne & Nagel International Company Profile

(Get Free Report)

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.

See Also