Kuehne + Nagel International AG (OTCMKTS:KHNGY) Short Interest Up 5,700.0% in November

Kuehne + Nagel International AG (OTCMKTS:KHNGY) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 5,800 shares, a growth of 5,700.0% from the October 31st total of 100 shares. Based on an average trading volume of 60,300 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of research firms recently commented on KHNGY. UBS Group raised Kuehne + Nagel International to a “hold” rating in a research note on Tuesday, October 1st. Barclays raised Kuehne + Nagel International to a “hold” rating in a report on Friday, September 27th. Finally, Citigroup raised Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th.

Kuehne + Nagel International Trading Up 1.1 %

Shares of OTCMKTS:KHNGY opened at $47.44 on Friday. The company’s fifty day moving average is $50.38 and its 200 day moving average is $55.65. Kuehne + Nagel International has a 52 week low of $45.85 and a 52 week high of $70.74.

Kuehne + Nagel International (OTCMKTS:KHNGY) last released its earnings results on Wednesday, October 23rd. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Kuehne + Nagel International had a return on equity of 37.72% and a net margin of 4.83%. The company had revenue of $7.50 billion during the quarter. As a group, sell-side analysts forecast that Kuehne + Nagel International will post 2.37 EPS for the current fiscal year.

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.