Daimler Truck (OTCMKTS:DTRUY) Sets New 1-Year High – What’s Next?

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $26.7450 and last traded at $26.69, with a volume of 1092 shares trading hands. The stock had previously closed at $26.09.

Analyst Upgrades and Downgrades

DTRUY has been the subject of several analyst reports. Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th. Zacks Research cut shares of Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a report on Wednesday, July 1st. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Read Our Latest Report on DTRUY

Daimler Truck Price Performance

The business has a 50 day moving average price of $24.29 and a 200 day moving average price of $24.51.

About Daimler Truck

(Get Free Report)

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.

Further Reading

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