DHL Group (OTCMKTS:DHLGY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY) saw unusually-strong trading volume on Monday. 811,768 shares were traded during trading, an increase of 82% from the previous session’s volume of 445,722 shares. The stock last traded at $31.56 and had previously closed at $31.43.

Analyst Ratings Changes

DHLGY has been the topic of several analyst reports. Citigroup lowered shares of DHL Group from a “buy” rating to a “hold” rating in a report on Thursday, August 13th. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a report on Tuesday, June 16th. Zacks Research cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

DHL Group Stock Performance

The company has a market capitalization of $70.27 billion, a P/E ratio of 11.07, a PEG ratio of 1.44 and a beta of 1.17. The stock’s fifty day moving average price is $32.07 and its 200-day moving average price is $30.83. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 1.03.

DHL Group (OTCMKTS:DHLGY) last released its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.54. The firm had revenue of $25.84 billion during the quarter, compared to analysts’ expectations of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. As a group, research analysts anticipate that DHL Group Sponsored ADR will post 2.01 EPS for the current fiscal year.

About DHL Group

DHL Group is a Germany-based logistics and postal services company headquartered in Bonn. Formerly known as Deutsche Post DHL Group, the company operates through a global network serving customers in more than 220 countries and territories. Its businesses support the movement, storage and delivery of documents, goods and parcels across international supply chains.

The company’s principal operations include DHL Express, which provides time-definite international document and parcel delivery; Global Forwarding, Freight, which arranges air, ocean, road and rail transportation; and DHL Supply Chain, which offers contract logistics, warehousing and supply chain management services.