Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Short Interest Up 167.4% in April

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 6,936 shares, an increase of 167.4% from the April 15th total of 2,594 shares. Based on an average daily volume of 11,182 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. HSBC cut Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, March 4th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, April 29th. Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Kuehne & Nagel International currently has an average rating of “Hold”.

Kuehne & Nagel International Trading Down 0.9%

Shares of OTCMKTS KHNGY opened at $44.35 on Friday. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $51.00. The company has a market cap of $26.77 billion, a price-to-earnings ratio of 25.20, a P/E/G ratio of 3.52 and a beta of 0.77. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40. The business has a fifty day simple moving average of $45.41 and a 200-day simple moving average of $43.91.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced 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. Kuehne & Nagel International had a return on equity of 40.73% and a net margin of 3.52%.The business had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. Sell-side analysts predict that Kuehne & Nagel International will post 2.14 EPS for the current year.

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.