DHL Group Sponsored ADR (OTCMKTS:DHLGY) Shares Shorted: Short Interest Down 36.0% in October

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

DHL Group Price Performance

Shares of OTCMKTS DHLGY opened at $33.05 on Tuesday. The stock has a fifty day simple moving average of $32.21 and a two-hundred day simple moving average of $37.05. DHL Group has a 1-year low of $22.45 and a 1-year high of $33.70. The firm has a market cap of $73.39 billion, a price-to-earnings ratio of 11.57, a price-to-earnings-growth ratio of 1.50 and a beta of 1.17. 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 (OTCMKTS:DHLGY) last issued its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.54. The firm had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. Analysts anticipate that DHL Group will post 2.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. Royal Bank Of Canada assumed coverage on shares of DHL Group in a research report on Thursday, October 15th. They set a “moderate buy” rating for the company. Zacks Research downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Finally, Citigroup reaffirmed a “neutral” rating on shares of DHL Group in a research report on Wednesday, October 21st. One equities 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About DHL Group

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.