DHL Group Sponsored ADR (OTCMKTS:DHLGY) Short Interest Up 232.1% in April

DHL Group Sponsored ADR (OTCMKTS:DHLGY) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 44,333 shares, a growth of 232.1% from the April 15th total of 13,349 shares. Based on an average trading volume of 208,625 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

A number of equities research analysts have commented on DHLGY shares. Zacks Research upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 8th. Jefferies Financial Group downgraded DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Citigroup restated a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. Finally, Barclays upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, DHL Group currently has an average rating of “Moderate Buy”.

DHL Group Stock Down 2.8%

Shares of OTCMKTS DHLGY traded down $0.77 during trading hours on Friday, hitting $27.12. The stock had a trading volume of 226,059 shares, compared to its average volume of 121,997. The company has a market capitalization of $60.71 billion, a P/E ratio of 12.23, a P/E/G ratio of 1.43 and a beta of 1.22. The firm’s 50-day moving average price is $36.07 and its two-hundred day moving average price is $47.84. DHL Group has a 52 week low of $21.50 and a 52 week high of $30.59. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings results on Thursday, March 5th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.10). The firm had revenue of $25.72 billion during the quarter, compared to the consensus estimate of $22.51 billion. DHL Group had a net margin of 4.28% and a return on equity of 16.35%. Analysts anticipate that DHL Group will post 2.02 EPS for the current fiscal year.

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.