Kuehne + Nagel International AG (OTCMKTS:KHNGY) Sees Large Increase in Short Interest

Kuehne + Nagel International AG (OTCMKTS:KHNGY – Get Rating) was the recipient of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 7,400 shares, a growth of 196.0% from the December 15th total of 2,500 shares. Based on an average daily trading volume, of 20,100 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

KHNGY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Kuehne + Nagel International from CHF 315 to CHF 270 and set a “hold” rating for the company in a report on Friday, October 28th. JPMorgan Chase & Co. raised their price objective on shares of Kuehne + Nagel International from CHF 279 to CHF 310 and gave the stock a “neutral” rating in a report on Thursday, October 27th. Finally, HSBC lowered shares of Kuehne + Nagel International from a “buy” rating to a “hold” rating in a report on Wednesday, October 26th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Kuehne + Nagel International currently has a consensus rating of “Hold” and a consensus target price of $288.00.

Kuehne + Nagel International Price Performance

Shares of KHNGY stock opened at $48.96 on Wednesday. Kuehne + Nagel International has a 52-week low of $39.39 and a 52-week high of $63.45. The stock has a market cap of $29.56 billion, a PE ratio of 9.51 and a beta of 0.95. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.22 and a current ratio of 1.22. The firm’s 50 day moving average price is $47.24 and its two-hundred day moving average price is $46.48.

Kuehne + Nagel International (OTCMKTS:KHNGY – Get Rating) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The firm had revenue of $10.32 billion for the quarter. Kuehne + Nagel International had a net margin of 7.00% and a return on equity of 84.05%. As a group, analysts forecast that Kuehne + Nagel International will post 4.87 EPS for the current year.

Kuehne + Nagel International Company Profile

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Kühne + Nagel International AG engages in the provision of logistic services. It operates through the following segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. The company was founded by August Kuehne and Friedrich Nagel in 1890 and is headquartered in Schindellegi, Switzerland.