Deutsche Post (ETR:DHL) Shares Up 0.6% – Here’s Why

Shares of Deutsche Post AG (ETR:DHL) shot up 0.6% during mid-day trading on Wednesday . The company traded as high as €57.26 and last traded at €56.84. Approximately 1,011,523 shares changed hands during mid-day trading, The stock had previously closed at €56.50.

Deutsche Post Stock Performance

The stock has a market cap of $69.08 billion, a P/E ratio of 21.55, a price-to-earnings-growth ratio of 1.99 and a beta of 1.14. The company has a quick ratio of 0.82, a current ratio of 1.03 and a debt-to-equity ratio of 125.52. The business has a 50 day moving average price of €55.42 and a two-hundred day moving average price of €50.79.

About Deutsche Post

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. The Global Forwarding, Freight segment provides air, ocean, and overland freight forwarding services; and offers multimodal and sector-specific solutions.