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

Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 400 shares, a decrease of 60.0% from the May 15th total of 1,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is currently 0.0 days.

Kuehne + Nagel International Trading Down 1.7%

KHNGY stock traded down $0.75 during mid-day trading on Tuesday, hitting $43.55. 16,576 shares of the company were exchanged, compared to its average volume of 34,666. The stock has a market capitalization of $26.29 billion, a PE ratio of 19.89 and a beta of 0.96. Kuehne + Nagel International has a 1-year low of $39.53 and a 1-year high of $62.83. The business has a 50 day simple moving average of $45.18 and a 200-day simple moving average of $45.70.

Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.54 EPS for the quarter, hitting analysts' consensus estimates of $0.54. The business had revenue of $7.04 billion for the quarter, compared to analyst estimates of $5.73 billion. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. Equities research analysts expect that Kuehne + Nagel International will post 2.31 earnings per share for the current year.

Kuehne + Nagel International Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were given a dividend of $1.2368 per share. This is a boost from Kuehne + Nagel International's previous dividend of $0.34. The ex-dividend date was Monday, May 12th. This represents a yield of 2.66%. Kuehne + Nagel International's dividend payout ratio is currently 53.95%.

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.