Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Down 78.0% in December

Kuehne + Nagel International AG (OTCMKTS:KHNGY) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 2,600 shares, a drop of 78.0% from the November 30th total of 11,800 shares. Based on an average trading volume of 73,600 shares, the short-interest ratio is currently 0.0 days.

Kuehne + Nagel International Stock Down 0.4 %

Shares of KHNGY stock traded down $0.20 during mid-day trading on Friday, reaching $46.05. 32,644 shares of the stock traded hands, compared to its average volume of 18,445. The stock’s fifty day simple moving average is $47.69 and its two-hundred day simple moving average is $54.28. Kuehne + Nagel International has a 1-year low of $44.22 and a 1-year high of $70.74. The company has a market cap of $27.80 billion, a price-to-earnings ratio of 21.03 and a beta of 0.84.

Kuehne + Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share 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 company had revenue of $7.50 billion during the quarter. On average, equities research analysts anticipate that Kuehne + Nagel International will post 2.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on KHNGY shares. Barclays upgraded Kuehne + Nagel International to a “hold” rating in a research note on Friday, September 27th. UBS Group upgraded Kuehne + Nagel International to a “hold” rating in a research report on Tuesday, October 1st. Finally, Citigroup upgraded shares of Kuehne + Nagel International to a “strong sell” rating in a research report on Wednesday, October 9th.

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.