DHL Group Sponsored ADR (OTCMKTS:DHLGY) Short Interest Update

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

Analyst Ratings Changes

A number of research firms have recently commented on DHLGY. 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. Citigroup cut shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 13th. Barclays restated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Jefferies Financial Group downgraded shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Zacks Research cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

DHL Group Trading Down 0.5%

DHLGY stock traded down $0.17 during trading on Friday, hitting $32.63. 459,126 shares of the company traded hands, compared to its average volume of 117,807. The firm has a market capitalization of $72.47 billion, a PE ratio of 11.42, a P/E/G ratio of 1.63 and a beta of 1.20. DHL Group has a 1 year low of $21.77 and a 1 year high of $33.44. The company has a 50-day moving average of $31.93 and a 200-day moving average of $36.27. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. The business had revenue of $25.84 billion for the quarter, compared to analysts’ expectations of $24.20 billion. DHL Group had a return on equity of 16.98% and a net margin of 4.38%. Analysts predict that DHL Group will post 2.02 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.