DHL Group (OTCMKTS:DHLGY) Sees Large Volume Increase - Time to Buy?

Key Points

• DHL Group experienced a significant trading volume increase of 370% on Friday, with approximately 830,578 shares traded, raising the stock price to $47.71.
• Analysts have mixed sentiments, with UBS Group downgrading the stock from "hold" to "strong sell," while Hsbc Global Res upgraded its rating from "hold" to "strong-buy."
• The company recently reported $0.82 EPS for the quarter, exceeding expectations, and generated $22.93 billion in revenue against analyst predictions of $21.16 billion.

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 830,578 shares changed hands during trading, an increase of 370% from the previous session's volume of 176,558 shares.The stock last traded at $47.71 and had previously closed at $46.87.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. UBS Group cut shares of DHL Group from a "hold" rating to a "strong sell" rating in a research report on Tuesday, June 24th. Hsbc Global Res raised shares of DHL Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd.

DHL Group Price Performance

The stock has a market capitalization of $57.44 billion, a price-to-earnings ratio of 14.77, a P/E/G ratio of 1.64 and a beta of 1.23. The company's 50-day simple moving average is $46.13 and its 200-day simple moving average is $42.87. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.95 and a quick ratio of 0.90.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.72 by $0.10. DHL Group had a net margin of 4.11% and a return on equity of 14.68%. The company had revenue of $22.93 billion for the quarter, compared to analysts' expectations of $21.16 billion. Research analysts forecast that DHL Group Sponsored ADR will post 3.01 earnings per share for the current fiscal year.

About DHL Group

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.

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