Short Interest in Kuehne + Nagel International AG (OTCMKTS:KHNGY) Grows By 5,700.0%

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 5,800 shares, a growth 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 presently 0.1 days.

Kuehne + Nagel International Trading Down 0.3 %

KHNGY traded down $0.14 during mid-day trading on Wednesday, hitting $46.91. The stock had a trading volume of 127,487 shares, compared to its average volume of 33,527. Kuehne + Nagel International has a 1-year low of $45.85 and a 1-year high of $70.74. The stock’s fifty day simple moving average is $50.78 and its 200-day simple moving average is $55.77.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $7.50 billion during the quarter. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. Equities research analysts anticipate that Kuehne + Nagel International will post 2.37 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group raised Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Barclays raised Kuehne + Nagel International to a “hold” rating in a research note on Friday, September 27th. Finally, Citigroup upgraded 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.