Kuehne + Nagel International AG (OTCMKTS:KHNGY) Sees Significant Increase in Short Interest

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 6,800 shares, an increase of 1,600.0% from the February 13th total of 400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 38,800 shares, the days-to-cover ratio is currently 0.2 days.

Kuehne + Nagel International Stock Performance

Shares of OTCMKTS KHNGY opened at $47.23 on Friday. The business’s 50 day moving average price is $45.90 and its 200-day moving average price is $49.40. The company has a market cap of $28.51 billion, a price-to-earnings ratio of 21.56 and a beta of 0.79. Kuehne + Nagel International has a fifty-two week low of $43.66 and a fifty-two week high of $62.83.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Monday, March 3rd. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.04). The firm had revenue of $7.70 billion for the quarter, compared to analysts’ expectations of $6.08 billion. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. Sell-side analysts predict that Kuehne + Nagel International will post 2.31 earnings per share for the current year.

About Kuehne + Nagel International

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.