DHL Group (OTCMKTS:DHLGY) Sees Unusually-High Trading Volume on Analyst Upgrade

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares saw an uptick in trading volume on Monday after UBS Group upgraded the stock to a neutral rating. 234,797 shares changed hands during trading, an increase of 47% from the previous session’s volume of 159,461 shares.The stock last traded at $50.35 and had previously closed at $49.46.

A number of other analysts also recently commented on the stock. Kepler Capital Markets downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 22nd. Zacks Research upgraded DHL Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 21st. Citigroup reissued a “buy” rating on shares of DHL Group in a research note on Friday. Sanford C. Bernstein downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft lowered DHL Group from a “buy” rating to a “hold” rating in a report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, DHL Group presently has a consensus rating of “Hold”.

DHL Group Trading Up 1.6%

The stock has a market cap of $62.34 billion, a price-to-earnings ratio of 16.03, a price-to-earnings-growth ratio of 1.96 and a beta of 1.21. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.90 and a current ratio of 0.95. The company has a 50 day moving average of $46.68 and a 200-day moving average of $46.16.

DHL Group (OTCMKTS:DHLGY) last announced its earnings results on Thursday, November 6th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. The firm had revenue of $23.10 billion for the quarter, compared to the consensus estimate of $20.19 billion. DHL Group had a net margin of 4.11% and a return on equity of 14.92%. On average, research analysts anticipate that DHL Group Sponsored ADR will post 3.01 earnings per share for the current year.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.