DHL Group Sponsored ADR (OTCMKTS:DHLGY) Short Interest Down 58.2% in August

DHL Group Sponsored ADR (OTCMKTS:DHLGY) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 16,475 shares, a decrease of 58.2% from the July 30th total of 39,427 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 133,150 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a report on Wednesday, July 8th. Kepler Capital Markets upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Citigroup downgraded DHL Group from a “buy” rating to a “hold” rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group cut DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

DHL Group Stock Performance

Shares of DHL Group stock opened at $32.80 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. DHL Group has a 1 year low of $21.77 and a 1 year high of $33.44. The firm’s 50-day simple moving average is $31.88 and its 200-day simple moving average is $36.30. The firm has a market cap of $72.84 billion, a PE ratio of 11.48, a price-to-earnings-growth ratio of 1.65 and a beta of 1.20.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.54. DHL Group had a return on equity of 16.98% and a net margin of 4.38%.The firm had revenue of $25.84 billion during the quarter, compared to analyst estimates of $24.20 billion. Equities analysts forecast that DHL Group will post 1.99 earnings per share for the current fiscal year.

DHL Group Company Profile

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.