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

Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 400 shares, a decrease of 90.2% from the March 31st total of 4,100 shares. Based on an average trading volume of 109,900 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are sold short.

Kuehne + Nagel International Stock Performance

Shares of Kuehne + Nagel International stock traded down $0.61 during trading on Friday, reaching $45.69. The company had a trading volume of 8,100 shares, compared to its average volume of 36,859. The firm's fifty day moving average is $45.75 and its 200-day moving average is $46.62. Kuehne + Nagel International has a fifty-two week low of $39.53 and a fifty-two week high of $62.83. The company has a market cap of $27.59 billion, a price-to-earnings ratio of 20.86 and a beta of 0.87.

Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $0.54 earnings per share for the quarter, hitting analysts' consensus estimates of $0.54. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. The business had revenue of $7.04 billion for the quarter, compared to analysts' expectations of $5.73 billion. On average, research analysts anticipate that Kuehne + Nagel International will post 2.31 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.

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