Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Update

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 5,800 shares, an increase of 5,700.0% from the October 31st total of 100 shares. Based on an average trading volume of 60,300 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

KHNGY has been the subject of several research reports. UBS Group raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Citigroup raised Kuehne + Nagel International to a “strong sell” rating in a research report on Wednesday, October 9th. Finally, Barclays upgraded Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th.

Kuehne + Nagel International Price Performance

Kuehne + Nagel International stock opened at $47.44 on Thursday. The firm has a fifty day moving average of $50.57 and a 200-day moving average of $55.71. Kuehne + Nagel International has a 52-week low of $45.85 and a 52-week high of $70.74.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The firm had revenue of $7.50 billion during the quarter. On average, sell-side analysts predict that Kuehne + Nagel International will post 2.37 EPS for the current fiscal year.

Kuehne + Nagel International Company Profile

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.