Short Interest in Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Increases By 7,600.0%

Key Points

• Kuehne & Nagel International Ag experienced a staggering 7,600.0% increase in short interest, rising from 100 shares to 7,700 shares by the end of July.
• The company's latest earnings report showed an EPS of $0.49, missed consensus estimates by $0.02, despite having revenue of $7.45 billion, significantly above the $6.11 billion estimate.
• As of Thursday, Kuehne & Nagel's stock traded at $41.87, indicating a market cap of $25.28 billion with a P/E ratio of 18.78.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 7,700 shares, anincreaseof7,600.0% from the July 15th total of 100 shares. Currently,0.0% of the company's stock are short sold. Based on an average trading volume of 55,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 55,700 shares, the days-to-cover ratio is presently 0.1 days. Currently,0.0% of the company's stock are short sold.

Kuehne & Nagel International Trading Up 2.3%

OTCMKTS:KHNGY traded up $0.9650 during mid-day trading on Tuesday, hitting $42.2950. The stock had a trading volume of 60,745 shares, compared to its average volume of 33,210. The stock has a 50-day simple moving average of $42.94 and a two-hundred day simple moving average of $44.70. The company has a market capitalization of $25.54 billion, a PE ratio of 18.97, a PEG ratio of 1.02 and a beta of 0.93. Kuehne & Nagel International has a twelve month low of $39.5250 and a twelve month high of $62.24.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.02). Kuehne & Nagel International had a net margin of 4.47% and a return on equity of 38.55%. The company had revenue of $7.45 billion during the quarter, compared to analysts' expectations of $6.11 billion. Sell-side analysts predict that Kuehne & Nagel International will post 2.31 EPS for the current fiscal year.

Kuehne & Nagel International Company Profile

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.