Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Update

Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 400 shares, a decrease of 90.2% from the March 31st total of 4,100 shares. Based on an average daily volume of 109,900 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Kuehne + Nagel International Price Performance

Shares of KHNGY traded up $0.58 during trading hours on Wednesday, hitting $45.97. The company's stock had a trading volume of 9,965 shares, compared to its average volume of 35,880. The business has a 50 day simple moving average of $45.68 and a two-hundred day simple moving average of $46.50. Kuehne + Nagel International has a 52-week low of $39.53 and a 52-week high of $62.83. The company has a market cap of $27.76 billion, a price-to-earnings ratio of 20.99 and a beta of 0.87.

Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The company had revenue of $7.04 billion during the quarter, compared to analysts' expectations of $5.73 billion. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. Research analysts predict that Kuehne + Nagel International will post 2.31 earnings per share for the current year.

About Kuehne + Nagel International

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.