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

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 during the month of July. As of July 31st, there was short interest totaling 7,700 shares, anincreaseof7,600.0% from the July 15th total of 100 shares. Based on an average daily volume of 55,700 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 55,700 shares, the short-interest ratio is presently 0.1 days.

Kuehne & Nagel International Price Performance

OTCMKTS:KHNGY traded down $0.23 during mid-day trading on Friday, reaching $41.82. 11,331 shares of the company's stock traded hands, compared to its average volume of 35,835. Kuehne & Nagel International has a 12-month low of $39.53 and a 12-month high of $62.24. The firm has a market capitalization of $25.25 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 1.02 and a beta of 0.93. The company has a 50 day moving average price of $43.02 and a 200-day moving average price of $44.73.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($0.02). The firm had revenue of $7.45 billion for the quarter, compared to analysts' expectations of $6.11 billion. Kuehne & Nagel International had a return on equity of 38.55% and a net margin of 4.47%. As a group, analysts forecast that Kuehne & Nagel International will post 2.31 EPS for the current 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.