DHL Group (OTCMKTS:DHLGY) Reaches New 1-Year High – What’s Next?

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

Analyst Upgrades and Downgrades

DHLGY has been the subject of several recent research reports. Citigroup restated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research report on Wednesday, July 8th. Zacks Research lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Barclays reiterated an “overweight” rating on shares of DHL Group in a report on Tuesday, June 16th. Finally, Jefferies Financial Group cut shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One 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 company. According to MarketBeat, DHL Group presently has a consensus rating of “Moderate Buy”.

DHL Group Stock Up 1.3%

The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. The company has a market cap of $73.04 billion, a PE ratio of 14.72, a PEG ratio of 1.51 and a beta of 1.21. The firm has a fifty day simple moving average of $29.59 and a 200 day simple moving average of $41.72.

DHL Group Company Profile

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.