Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Stock Short Interest Report for October

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 5,116 shares, a decline of 87.0% from the September 30th total of 39,420 shares. Based on an average trading volume of 133,083 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Daimler Truck Price Performance

OTCMKTS DTRUY opened at $22.82 on Tuesday. The business’s fifty day moving average price is $24.70 and its 200-day moving average price is $24.75. The stock has a market capitalization of $34.94 billion, a price-to-earnings ratio of 45.64 and a beta of 0.06. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.70 and a quick ratio of 1.33. Daimler Truck has a 1-year low of $19.43 and a 1-year high of $28.73.

Daimler Truck (OTCMKTS:DTRUY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%. The firm had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.29 billion. On average, equities analysts predict that Daimler Truck will post 2.00 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DTRUY. Zacks Research raised Daimler Truck from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 30th. Morgan Stanley lowered Daimler Truck from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 4th. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Finally, Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Daimler Truck Company Profile

Daimler Truck Holding AG is a global commercial vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells medium- and heavy-duty trucks, buses and coaches, along with related parts, maintenance, leasing and financing services.

Its portfolio includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck also develops electric and other alternative-drive commercial vehicles, digital fleet-management solutions and charging-related services to support the transition toward lower-emission transportation.

The company serves customers across Europe, North America, Latin America and Asia, with manufacturing, sales and service operations in multiple international markets.