Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Short Interest Update

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 41,477 shares, a growth of 187.9% from the August 31st total of 14,407 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 64,628 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DTRUY. Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th. Morgan Stanley downgraded Daimler Truck from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 4th. Citigroup reissued a “buy” rating on shares of Daimler Truck in a report on Wednesday, August 12th. Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Daimler Truck in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Daimler Truck presently has a consensus rating of “Moderate Buy”.

Daimler Truck Stock Up 1.8%

DTRUY traded up $0.42 during mid-day trading on Friday, reaching $24.26. 31,774 shares of the stock were exchanged, compared to its average volume of 32,074. Daimler Truck has a 1 year low of $19.43 and a 1 year high of $28.73. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.33 and a current ratio of 1.70. The stock has a market capitalization of $37.15 billion and a PE ratio of 48.52. The company has a 50 day moving average price of $26.27 and a two-hundred day moving average price of $25.01.

Daimler Truck (OTCMKTS:DTRUY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). Daimler Truck had a net margin of 5.87% and a return on equity of 4.79%. The firm had revenue of $14.20 billion for the quarter, compared to the consensus estimate of $14.29 billion. As a group, research analysts anticipate that Daimler Truck will post 1.97 EPS for the current year.

Daimler Truck Company Profile

Daimler Truck Holding AG is a global commercial-vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells trucks, buses and coaches for long-haul transportation, construction, distribution, municipal and other commercial applications.

Its principal brands include Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck offers vehicles powered by conventional and alternative drivetrains, including battery-electric and hydrogen-based technologies, along with digital fleet-management, connectivity and other transportation solutions.

The company serves customers across Europe, North America, Latin America and Asia, as well as other international markets.