DHL Group Sponsored ADR (OTCMKTS:DHLGY) Stock Short Interest Climbs 362.7%

DHL Group Sponsored ADR (OTCMKTS:DHLGY) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 79,639 shares, a growth of 362.7% from the August 31st total of 17,210 shares. Based on an average daily trading volume, of 196,998 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Zacks Research downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Kepler Capital Markets upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Citigroup cut shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 13th. Finally, Barclays reissued an “overweight” rating on shares of DHL Group in a report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

DHL Group Trading Up 1.8%

Shares of OTCMKTS DHLGY traded up $0.59 during midday trading on Friday, reaching $32.76. The company had a trading volume of 42,569 shares, compared to its average volume of 464,795. The stock has a market cap of $72.76 billion, a PE ratio of 11.47, a price-to-earnings-growth ratio of 1.58 and a beta of 1.19. DHL Group has a one year low of $22.09 and a one year high of $33.70. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04. The firm’s fifty day moving average price is $32.31 and its 200-day moving average price is $32.68.

DHL Group (OTCMKTS:DHLGY) last posted its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.54. The company had revenue of $25.84 billion for 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%. On average, equities research analysts anticipate that DHL Group will post 2.02 earnings per share for the current year.

DHL Group Company Profile

DHL Group is a global logistics and postal services company headquartered in Bonn, Germany. The group provides international express delivery, freight transportation, contract logistics, supply chain management, e-commerce logistics and domestic mail and parcel services.

Its principal business divisions include DHL Express, DHL Global Forwarding and Freight, DHL Supply Chain, DHL eCommerce and the Post & Parcel Germany division. Services range from time-definite document and parcel delivery to air, ocean and road freight forwarding, warehousing, fulfillment, customs support and logistics solutions tailored to business customers.

The company traces its roots to Deutsche Bundespost’s postal operations and became a privatized company, Deutsche Post AG, in the 1990s.