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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 38,800 shares, the short-interest ratio is presently 0.2 days.

Kuehne + Nagel International Stock Up 0.3 %

OTCMKTS KHNGY opened at $47.23 on Friday. The firm has a market cap of $28.51 billion, a price-to-earnings ratio of 21.56 and a beta of 0.79. The business has a 50-day moving average price of $45.90 and a 200-day moving average price of $49.40. Kuehne + Nagel International has a twelve month low of $43.66 and a twelve month high of $62.83.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Monday, March 3rd. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.04). Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. The firm had revenue of $7.70 billion for the quarter, compared to the consensus estimate of $6.08 billion. Research analysts expect that Kuehne + Nagel International will post 2.31 EPS for the current fiscal 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.