Daimler Truck (OTCMKTS:DTRUY) Sees Large Volume Increase – Still a Buy?

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) saw an uptick in trading volume on Monday . 183,911 shares were traded during trading, an increase of 140% from the previous session’s volume of 76,596 shares.The stock last traded at $23.3199 and had previously closed at $23.08.

Analyst Ratings Changes

A number of analysts have commented on DTRUY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a report on Thursday, February 19th. Zacks Research lowered Daimler Truck from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Kepler Capital Markets lowered shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. DZ Bank raised Daimler Truck from a “hold” rating to a “strong-buy” rating in a report on Monday, March 16th. Finally, Citigroup restated a “buy” rating on shares of Daimler Truck in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Report on Daimler Truck

Daimler Truck Trading Up 0.6%

The firm has a fifty day simple moving average of $24.60 and a two-hundred day simple moving average of $23.44.

Daimler Truck Company Profile

(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.

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