Kuehne + Nagel International AG (OTCMKTS:KHNGY) Sees Significant Growth in Short Interest

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 54,700 shares, a growth of 827.1% from the June 30th total of 5,900 shares. Based on an average daily volume of 122,400 shares, the days-to-cover ratio is currently 0.4 days.

Kuehne + Nagel International Trading Up 0.3 %

KHNGY stock traded up $0.19 during trading hours on Thursday, reaching $60.96. The stock had a trading volume of 2,732 shares, compared to its average volume of 15,842. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a 50-day simple moving average of $57.55 and a 200 day simple moving average of $59.06. Kuehne + Nagel International has a fifty-two week low of $52.00 and a fifty-two week high of $70.74.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Tuesday, July 23rd. The company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.02). The firm had revenue of $6.68 billion during the quarter. Kuehne + Nagel International had a net margin of 5.01% and a return on equity of 34.63%. Equities research analysts anticipate that Kuehne + Nagel International will post 2.34 earnings per share for the current fiscal year.

Kuehne + Nagel International Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 31st. Stockholders of record on Thursday, May 16th were given a $0.3399 dividend. The ex-dividend date of this dividend was Wednesday, May 15th. Kuehne + Nagel International’s payout ratio is presently 47.68%.

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.