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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 2,690 shares, a decline of 59.9% from the June 15th total of 6,711 shares. Based on an average daily volume of 13,424 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Kuehne & Nagel International Price Performance

Shares of OTCMKTS:KHNGY opened at $50.84 on Monday. The company has a market capitalization of $30.70 billion, a P/E ratio of 28.89, a price-to-earnings-growth ratio of 3.97 and a beta of 0.75. The company’s 50-day moving average is $46.95 and its 200 day moving average is $46.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.03. Kuehne & Nagel International has a fifty-two week low of $36.76 and a fifty-two week high of $51.82.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. On average, equities research analysts forecast that Kuehne & Nagel International will post 2.14 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on KHNGY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Zacks Research lowered Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Finally, Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Kuehne & Nagel International Company Profile

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.