Deutsche Post (OTCMKTS:DHLGY) Reaches New 1-Year High Following Better-Than-Expected Earnings

Deutsche Post AG (OTCMKTS:DHLGY)’s stock price hit a new 52-week high during mid-day trading on Thursday following a stronger than expected earnings report. The stock traded as high as $48.00 and last traded at $47.05, with a volume of 232393 shares trading hands. The stock had previously closed at $42.10.

The company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.96 by $0.05. Deutsche Post had a return on equity of 13.93% and a net margin of 3.88%.

Wall Street Analysts Forecast Growth

Separately, Barclays cut Deutsche Post from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th.

Deutsche Post Trading Up 11.8 %

The business’s 50-day simple moving average is $37.13 and its 200-day simple moving average is $39.06. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.86 and a current ratio of 0.91. The company has a market capitalization of $56.46 billion, a price-to-earnings ratio of 16.11, a P/E/G ratio of 2.19 and a beta of 1.23.

Deutsche Post Company Profile

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.