Kuehne + Nagel International AG (OTCMKTS:KHNGY - Get Free Report) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 400 shares, a drop of 60.0% from the May 15th total of 1,000 shares. Based on an average trading volume of 22,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Kuehne + Nagel International Trading Down 1.0%
OTCMKTS:KHNGY traded down $0.46 during trading hours on Friday, hitting $45.78. 6,180 shares of the stock traded hands, compared to its average volume of 35,039. The firm has a 50 day moving average price of $45.10 and a 200 day moving average price of $45.75. The firm has a market cap of $27.64 billion, a price-to-earnings ratio of 20.90 and a beta of 0.96. Kuehne + Nagel International has a fifty-two week low of $39.53 and a fifty-two week high of $62.83.
Kuehne + Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The business had revenue of $7.04 billion during the quarter, compared to analyst estimates of $5.73 billion. Research analysts predict that Kuehne + Nagel International will post 2.31 EPS for the current year.
Kuehne + Nagel International Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were paid a $1.2368 dividend. 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 dividend yield of 2.66%. Kuehne + Nagel International's payout ratio is presently 53.95%.
About Kuehne + Nagel International
(
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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.
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