Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 2,600 shares, a decline of 78.0% from the November 30th total of 11,800 shares. Based on an average trading volume of 73,600 shares, the days-to-cover ratio is currently 0.0 days.
Kuehne + Nagel International Price Performance
Kuehne + Nagel International stock traded up $0.13 during midday trading on Thursday, hitting $46.25. The company's stock had a trading volume of 33,526 shares, compared to its average volume of 41,292. Kuehne + Nagel International has a 12 month low of $44.22 and a 12 month high of $70.74. The stock's 50-day moving average price is $47.91 and its 200-day moving average price is $54.45.
Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share for the quarter, topping 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 net margin of 4.83% and a return on equity of 37.72%. As a group, sell-side analysts anticipate that Kuehne + Nagel International will post 2.37 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages recently issued reports on KHNGY. Barclays upgraded shares of Kuehne + Nagel International to a "hold" rating in a research report on Friday, September 27th. Citigroup upgraded shares of Kuehne + Nagel International to a "strong sell" rating in a research note on Wednesday, October 9th. Finally, UBS Group raised Kuehne + Nagel International to a "hold" rating in a research note on Tuesday, October 1st.
View Our Latest Research Report on Kuehne + Nagel International
Kuehne + Nagel International Company Profile
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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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