DHL Group (OTCMKTS:DHLGY) Reaches New 12-Month High – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares hit a new 52-week high on Thursday . The company traded as high as $31.81 and last traded at $31.81, with a volume of 4261 shares. The stock had previously closed at $30.53.

Analyst Upgrades and Downgrades

A number of research firms have commented on DHLGY. Deutsche Bank Aktiengesellschaft raised shares of DHL Group from a “hold” rating to a “buy” rating in a research note on Friday, May 22nd. Kepler Capital Markets raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Zacks Research lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Citigroup restated a “buy” rating on shares of DHL Group in a research report on Friday, May 8th. Finally, Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

DHL Group Stock Up 4.0%

The business has a fifty day moving average price of $28.98 and a two-hundred day moving average price of $43.01. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96. The company has a market cap of $71.05 billion, a price-to-earnings ratio of 14.32, a P/E/G ratio of 1.63 and a beta of 1.21.

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.