DHL Group (OTCMKTS:DHLGY) Reaches New 52-Week High – Here’s Why

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $32.51 and last traded at $32.36, with a volume of 281100 shares trading hands. The stock had previously closed at $31.91.

Analyst Ratings Changes

A number of equities research analysts have recently commented on DHLGY shares. Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Zacks Research lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft upgraded DHL Group from a “hold” rating to a “buy” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, DHL Group currently has a consensus rating of “Moderate Buy”.

DHL Group Price Performance

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 $72.44 billion, a P/E ratio of 14.60, a P/E/G ratio of 1.69 and a beta of 1.21. The firm’s fifty day moving average is $29.28 and its two-hundred day moving average is $42.36.

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.