Short Interest in Kuehne + Nagel International AG (OTCMKTS:KHNGY) Rises By 100.0%

Kuehne + Nagel International AG (OTCMKTS:KHNGY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 400 shares, an increase of 100.0% from the September 30th total of 200 shares. Based on an average trading volume of 36,900 shares, the short-interest ratio is presently 0.0 days.

Kuehne + Nagel International Trading Down 0.4 %

Shares of KHNGY traded down $0.19 during mid-day trading on Monday, hitting $50.65. The company had a trading volume of 9,000 shares, compared to its average volume of 14,327. Kuehne + Nagel International has a 1-year low of $49.61 and a 1-year high of $70.74. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.06. The business’s 50-day simple moving average is $56.12 and its 200-day simple moving average is $56.74. The stock has a market cap of $30.58 billion, a PE ratio of 21.37, a P/E/G ratio of 6.13 and a beta of 0.86.

Analyst Ratings Changes

KHNGY has been the topic of several analyst reports. Barclays raised shares of Kuehne + Nagel International to a “hold” rating in a research note on Friday, September 27th. Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th. Finally, UBS Group upgraded Kuehne + Nagel International to a “hold” rating in a report on Tuesday, October 1st.

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.