DHL Group (OTCMKTS:DHLGY) Hits New 52-Week High – Here’s What Happened

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $60.00 and last traded at $59.7395, with a volume of 3171 shares trading hands. The stock had previously closed at $58.87.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DHLGY. Sanford C. Bernstein cut DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday, November 21st. The Goldman Sachs Group lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Zacks Research raised shares of DHL Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of DHL Group in a report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

DHL Group Stock Up 1.5%

The company has a market capitalization of $65.53 billion, a PE ratio of 17.66, a P/E/G ratio of 2.01 and a beta of 1.22. The stock’s fifty day moving average is $55.46 and its two-hundred day moving average is $49.86. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93.

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.