DHL Group (OTCMKTS:DHLGY) Sees Strong Trading Volume – Should You Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares saw an uptick in trading volume on Friday . 1,196,930 shares were traded during trading, an increase of 114% from the previous session’s volume of 559,847 shares.The stock last traded at $29.84 and had previously closed at $30.0520.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DHLGY. Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Barclays upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 6th. Zacks Research upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. Kepler Capital Markets upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Finally, Citigroup reissued a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

DHL Group Trading Down 0.5%

The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.93. The company has a market cap of $66.91 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 1.62 and a beta of 1.21. The business’s 50-day simple moving average is $28.53 and its 200-day simple moving average is $45.15.

About DHL Group

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.