Daimler Truck (OTCMKTS:DTRUY) Trading 0.3% Higher – Still a Buy?

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY)’s stock price rose 0.3% during trading on Friday . The company traded as high as $22.00 and last traded at $21.96. Approximately 19,288 shares traded hands during trading, a decline of 33% from the average daily volume of 28,830 shares. The stock had previously closed at $21.89.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Daimler Truck from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Daimler Truck Stock Performance

The firm’s 50 day moving average is $21.02 and its two-hundred day moving average is $22.16.

About Daimler Truck

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.