Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Down 78.0% in December

Posted by Alanna Baker on Dec 26th, 2024

Kuehne + Nagel International AG (OTCMKTS:KHNGY – Get Free Report) saw a large decline in short interest in 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 presently 0.0 days.

Wall Street Analyst Weigh In

Several research firms have commented on KHNGY. UBS Group upgraded Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Barclays upgraded shares of Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th. Finally, Citigroup upgraded Kuehne + Nagel International to a “strong sell” rating in a research report on Wednesday, October 9th.

Check Out Our Latest Report on Kuehne + Nagel International

Kuehne + Nagel International Stock Up 1.0 %

OTCMKTS:KHNGY traded up $1.02 on Thursday, hitting $46.12. The stock had a trading volume of 30,425 shares, compared to its average volume of 18,327. The company has a fifty day moving average price of $47.91 and a two-hundred day moving average price of $54.45. Kuehne + Nagel International has a 1-year low of $44.22 and a 1-year high of $70.74. The stock has a market cap of $27.85 billion, a price-to-earnings ratio of 21.06 and a beta of 0.84.

Kuehne + Nagel International (OTCMKTS:KHNGY – Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. The company had revenue of $7.50 billion during the quarter. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. As a group, analysts anticipate that Kuehne + Nagel International will post 2.37 earnings per share for the current year.

Kuehne + Nagel International Company Profile

(Get Free Report)

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.