DHL Group (OTCMKTS:DHLGY) Reaches New 12-Month High – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $31.81 and last traded at $31.81, with a volume of 4261 shares changing hands. The stock had previously closed at $30.53.

Analyst Ratings Changes

Several research firms have recently commented on DHLGY. Zacks Research cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft upgraded DHL Group from a “hold” rating to a “buy” rating in a report on Friday, May 22nd. Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Barclays restated an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Finally, Citigroup reaffirmed a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

DHL Group Trading Up 4.0%

The company’s 50 day moving average price is $28.98 and its 200 day moving average price is $43.01. The company has a market cap of $71.05 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 1.63 and a beta of 1.21. 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 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.