Short Interest in DHL Group Sponsored ADR (OTCMKTS:DHLGY) Drops By 51.2%

DHL Group Sponsored ADR (OTCMKTS:DHLGY) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 39,427 shares, a drop of 51.2% from the July 15th total of 80,818 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 429,885 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. Jefferies Financial Group downgraded DHL Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Kepler Capital Markets raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Citigroup cut shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Finally, Zacks Research raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

DHL Group Stock Performance

DHLGY stock opened at $31.96 on Monday. The stock’s 50 day simple moving average is $31.41 and its 200 day simple moving average is $37.86. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96. DHL Group has a 12-month low of $21.77 and a 12-month high of $33.44. The stock has a market capitalization of $71.54 billion, a PE ratio of 11.19, a price-to-earnings-growth ratio of 1.60 and a beta of 1.20.

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

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.