DHL Group (OTCMKTS:DHLGY) Sees Large Volume Increase - Here's Why

Key Points

• DHL Group saw a significant increase in trading volume, with approximately 2.15 million shares traded, marking a 1,179% rise from the previous session.
• Analysts have given mixed ratings; UBS downgraded the stock from "hold" to "strong sell," while HSBC upgraded it from "hold" to "strong buy."
• The company recently reported quarterly earnings exceeding estimates with revenues of $21.89 billion and a net margin of 3.98%.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) shares saw strong trading volume on Monday . 2,150,607 shares were traded during trading, an increase of 1,179% from the previous session's volume of 168,138 shares.The stock last traded at $47.58 and had previously closed at $48.00.

Wall Street Analyst Weigh In

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

DHL Group Trading Down 1.3%

The company has a debt-to-equity ratio of 0.78, a current ratio of 0.95 and a quick ratio of 0.90. The company has a fifty day moving average of $45.99 and a 200-day moving average of $42.53. The firm has a market capitalization of $53.32 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 1.54 and a beta of 1.24.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. DHL Group had a return on equity of 14.42% and a net margin of 3.98%. The business had revenue of $21.89 billion during the quarter, compared to analyst estimates of $20.74 billion. On average, sell-side analysts anticipate 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.