Daimler Truck (OTCMKTS:DTRUY) Shares Gap Up – Still a Buy?

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $21.95, but opened at $23.2850. Daimler Truck shares last traded at $23.31, with a volume of 1,405 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Read Our Latest Stock Report on Daimler Truck

Daimler Truck Trading Up 5.2%

The stock has a 50-day simple moving average of $21.21 and a 200 day simple moving average of $22.16.

About Daimler Truck

(Get Free Report)

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.

Further Reading

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