Short Interest in Kuehne + Nagel International AG (OTCMKTS:KHNGY) Expands By 546.2%

Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 16,800 shares, a growth of 546.2% from the December 15th total of 2,600 shares. Based on an average daily volume of 85,300 shares, the short-interest ratio is currently 0.2 days.

Kuehne + Nagel International Price Performance

Shares of Kuehne + Nagel International stock traded down $1.16 on Monday, reaching $44.29. The company had a trading volume of 50,805 shares, compared to its average volume of 49,517. The firm's 50-day moving average price is $46.73 and its two-hundred day moving average price is $53.38. Kuehne + Nagel International has a 1 year low of $44.08 and a 1 year high of $70.47. The firm has a market cap of $26.74 billion, a price-to-earnings ratio of 20.22 and a beta of 0.84.

Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last posted its quarterly earnings data 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. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. The company had revenue of $7.50 billion for the quarter. As a group, analysts anticipate that Kuehne + Nagel International will post 2.37 EPS for the current year.

Wall Street Analysts Forecast Growth

KHNGY has been the subject of a number of recent research reports. Citigroup upgraded Kuehne + Nagel International to a "strong sell" rating in a research note on Wednesday, October 9th. Barclays raised shares of Kuehne + Nagel International to a "hold" rating in a report on Friday, September 27th. Finally, UBS Group raised Kuehne + Nagel International to a "hold" rating in a report on Tuesday, October 1st.

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.

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