Kuehne + Nagel International AG (OTCMKTS:KHNGY – Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 16,800 shares, a growth of 546.2% from the December 31st total of 2,600 shares. Based on an average trading volume of 85,300 shares, the days-to-cover ratio is presently 0.2 days.
Kuehne + Nagel International Trading Down 0.4 %
OTCMKTS:KHNGY opened at $45.58 on Thursday. The business’s fifty day moving average price is $46.03 and its 200 day moving average price is $52.25. The firm has a market capitalization of $27.52 billion, a price-to-earnings ratio of 20.55 and a beta of 0.84. Kuehne + Nagel International has a 1-year low of $43.66 and a 1-year high of $68.51.
Wall Street Analyst Weigh In
Separately, Citigroup raised shares of Kuehne + Nagel International to a “strong sell” rating in a research note on Wednesday, October 9th.
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.
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