DHL Group Sponsored ADR (OTCMKTS:DHLGY) Stock Short Interest Falls 36.0%

DHL Group Sponsored ADR (OTCMKTS:DHLGY) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 33,520 shares, a drop of 36.0% from the September 30th total of 52,406 shares. Based on an average trading volume of 435,301 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

DHL Group Trading Up 1.1%

DHLGY traded up $0.35 during trading on Monday, reaching $32.98. 13,087 shares of the company’s stock were exchanged, compared to its average volume of 428,519. The stock has a market capitalization of $73.25 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 1.51 and a beta of 1.21. The firm has a fifty day moving average price of $32.20 and a two-hundred day moving average price of $37.17. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. DHL Group has a one year low of $22.45 and a one year high of $33.70.

DHL Group (OTCMKTS:DHLGY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. The company had revenue of $25.84 billion for the quarter, compared to analysts’ expectations of $24.20 billion. As a group, equities research analysts forecast that DHL Group will post 2.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

DHLGY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Zacks Research cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Citigroup reaffirmed a “neutral” rating on shares of DHL Group in a report on Wednesday, October 21st. Finally, Royal Bank Of Canada began coverage on DHL Group in a research report on Thursday, October 15th. They issued a “moderate buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

DHL Group Company Profile

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.