DHL Group (OTCMKTS:DHLGY) Hits New 52-Week High – Time to Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $33.27 and last traded at $33.20, with a volume of 5203 shares traded. The stock had previously closed at $32.60.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Citigroup reiterated a “buy” rating on shares of DHL Group in a research report on Friday, May 8th. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Jefferies Financial Group cut shares of DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Zacks Research upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, DHL Group presently has a consensus rating of “Moderate Buy”.

DHL Group Stock Up 1.5%

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 firm’s 50 day simple moving average is $30.73 and its 200-day simple moving average is $39.79. The stock has a market capitalization of $74.09 billion, a price-to-earnings ratio of 14.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.21.

About DHL Group

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.