Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 8,400 shares, an increase of 90.9% from the December 15th total of 4,400 shares. Based on an average daily trading volume, of 45,700 shares, the days-to-cover ratio is presently 0.2 days.
KHNGY has been the topic of several recent analyst reports. Zacks Investment Research lowered Kuehne + Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 29th. Morgan Stanley restated an “equal weight” rating on shares of Kuehne + Nagel International in a report on Thursday, October 21st. JPMorgan Chase & Co. decreased their price objective on Kuehne + Nagel International from CHF 293 to CHF 278 and set a “neutral” rating for the company in a report on Thursday. Finally, Stifel Nicolaus upgraded Kuehne + Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, December 14th. Five analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $175.50.
Shares of OTCMKTS KHNGY opened at $57.24 on Friday. Kuehne + Nagel International has a one year low of $44.37 and a one year high of $78.44. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.14 and a quick ratio of 1.14. The business’s fifty day moving average price is $61.30 and its 200-day moving average price is $66.20. The stock has a market capitalization of $34.56 billion, a PE ratio of 22.36 and a beta of 0.82.
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Kuehne + Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings results on Wednesday, October 20th. The company reported $1.01 EPS for the quarter. Kuehne + Nagel International had a return on equity of 52.20% and a net margin of 5.36%. The firm had revenue of $9.33 billion for the quarter.
Kuehne + Nagel International Company Profile
Kühne + Nagel International AG engages in the provision of logistic services. It operates through the following segments: Sea Freight, Airfreight, Overland, and Contract Logistics. The Sea Freight segment offers services through partnerships with carriers, as well as visibility and monitoring of freight movements via KN Login.
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