Daimler Truck (OTCMKTS:DTRUY) Hits New 1-Year High – Here’s What Happened

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $28.70 and last traded at $28.64, with a volume of 2633 shares. The stock had previously closed at $28.12.

Analyst Upgrades and Downgrades

DTRUY has been the topic of several analyst reports. Zacks Research lowered shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Barclays raised shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Kepler Capital Markets upgraded Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Finally, Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Report on Daimler Truck

Daimler Truck Stock Down 0.6%

The firm’s fifty day moving average is $24.77 and its 200 day moving average is $24.68.

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.

See Also

Receive News & Ratings for Daimler Truck Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daimler Truck and related companies with MarketBeat.com's FREE daily email newsletter.