DHL Group Sponsored ADR (OTCMKTS:DHLGY) Sees Significant Decrease in Short Interest

DHL Group Sponsored ADR (OTCMKTS:DHLGY) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 16,475 shares, a decrease of 58.2% from the July 30th total of 39,427 shares. Based on an average daily trading volume, of 133,150 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several research firms recently commented on DHLGY. Zacks Research cut DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Jefferies Financial Group cut shares of DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Kepler Capital Markets upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Finally, Barclays restated an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

DHL Group Price Performance

DHL Group stock traded down $0.17 during mid-day trading on Friday, hitting $32.63. 459,126 shares of the company traded hands, compared to its average volume of 117,807. The stock has a fifty day moving average price of $31.93 and a 200-day moving average price of $36.27. DHL Group has a one year low of $21.77 and a one year high of $33.44. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. The stock has a market cap of $72.47 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 1.64 and a beta of 1.20.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. DHL Group had a net margin of 4.38% and a return on equity of 16.98%. The firm had revenue of $25.84 billion during the quarter, compared to analyst estimates of $24.20 billion. On average, equities analysts predict that DHL Group will post 1.99 earnings per share for the current fiscal year.

DHL Group Company Profile

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.