Short Interest in Deutsche Post AG (OTCMKTS:DHLGY) Drops By 82.5%

Deutsche Post AG (OTCMKTS:DHLGY) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 27,800 shares, a drop of 82.5% from the February 28th total of 159,300 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 291,900 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Hsbc Global Res cut Deutsche Post from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 7th.

Deutsche Post Stock Down 3.5 %

DHLGY stock traded down $1.59 during mid-day trading on Thursday, hitting $43.31. The stock had a trading volume of 180,916 shares, compared to its average volume of 302,874. The stock has a market capitalization of $51.97 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 2.19 and a beta of 1.23. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 0.79. Deutsche Post has a 1-year low of $33.89 and a 1-year high of $48.00. The company has a fifty day moving average of $40.12 and a 200 day moving average of $39.30.

Deutsche Post (OTCMKTS:DHLGY) last posted its earnings results on Thursday, March 6th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.05. Deutsche Post had a net margin of 3.88% and a return on equity of 13.93%. The firm had revenue of $24.22 billion during the quarter, compared to analysts’ expectations of $22.27 billion. On average, equities analysts expect that Deutsche Post will post 3.01 EPS for the current fiscal year.

About Deutsche Post

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.