DHL Group (OTCMKTS:DHLGY) Reaches New 12-Month High – Here’s What Happened

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $32.75 and last traded at $32.75, with a volume of 3239 shares traded. The stock had previously closed at $32.07.

Wall Street Analyst Weigh In

Several research firms have weighed in on DHLGY. Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Zacks Research lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Jefferies Financial Group cut DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DHL Group in a research report on Wednesday, July 8th. Finally, Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

DHL Group Trading Up 1.4%

The stock has a market cap of $73.88 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 1.54 and a beta of 1.21. The firm has a 50-day moving average price of $29.79 and a 200-day moving average price of $41.41. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98.

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.