Deutsche Post AG (OTCMKTS:DHLGY) Short Interest Down 82.5% in March

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

Deutsche Post Price Performance

Shares of DHLGY stock traded down $1.59 during mid-day trading on Thursday, hitting $43.31. 180,916 shares of the stock traded hands, compared to its average volume of 302,874. 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 firm has a market cap of $51.97 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 2.19 and a beta of 1.23. The company’s 50-day simple moving average is $40.12 and its 200-day simple moving average is $39.30. Deutsche Post has a twelve month low of $33.89 and a twelve month high of $48.00.

Deutsche Post (OTCMKTS:DHLGY) last issued its quarterly earnings results on Thursday, March 6th. The company reported $1.01 earnings per share 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 company had revenue of $24.22 billion during the quarter, compared to the consensus estimate of $22.27 billion. As a group, equities research analysts expect that Deutsche Post will post 3.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.