Daimler Truck (OTCMKTS:DTRUY – Get Free Report) released its earnings results on Friday. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.39), Zacks reports.
Daimler Truck Stock Performance
OTCMKTS DTRUY traded down $0.75 during mid-day trading on Friday, reaching $26.91. 19,735 shares of the stock were exchanged, compared to its average volume of 66,867. The business’s 50 day moving average is $24.88 and its 200-day moving average is $24.73. Daimler Truck has a 1 year low of $19.43 and a 1 year high of $28.73.
Analyst Upgrades and Downgrades
Several research firms have weighed in on DTRUY. Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Citigroup restated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, July 1st. Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Daimler Truck has an average rating of “Moderate Buy”.
About Daimler Truck
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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