Daimler Truck (OTCMKTS:DTRUY) Shares Gap Down – Should You Sell?

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) gapped down before the market opened on Friday . The stock had previously closed at $25.58, but opened at $23.96. Daimler Truck shares last traded at $24.0270, with a volume of 4,038 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DTRUY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a research report on Thursday, February 19th. Morgan Stanley reaffirmed an “overweight” rating on shares of Daimler Truck in a research report on Tuesday, January 13th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research report on Wednesday, February 11th. Kepler Capital Markets lowered Daimler Truck from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Finally, Zacks Research cut Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Daimler Truck Stock Performance

The business has a 50 day moving average of $24.74 and a two-hundred day moving average of $23.31.

Daimler Truck Company Profile

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.