There was a significant drop in the number of short positions in Deutsche Post AG during December (OTCMKTS: DPSGY). Compared to the previous count of 6,800 shares borrowed on November 30, there were only 3,400 shares borrowed as of December 15. This represents a drop of 50.0% from the previous count. The days-to-cover ratio is currently 0.0 days, which can be deduced from the fact that the average trading volume for the security in question is 174,400 shares. This information was used to calculate the current value of the ratio.
On November 8, the most recent quarterly earnings report for Deutsche Post (OTCMKTS: DPSGY) was made available. The transportation company reported $1.02 per share earnings for the quarter, which was $0.04 higher than the consensus estimate of $0.98 per share held by industry analysts. In their financial statements, Deutsche Post revealed that they had a net margin of 5.89% and a return on equity of 25.15%. $24.23 billion was recorded as the company’s total revenue during the time frame under consideration. The projections of analysts specializing in market research indicate that Deutsche Post will achieve earnings of $4.46 per share in 2018.
The cost of one share of Deutsche Post decreased by $0.24 during Thursday’s trading session, bringing it to a price of $37.08. In contrast to the 106,739 shares traded on an everyday basis on average, the company’s total of 110,967 shares was traded today. During the previous year, Deutsche Post traded as low as $28.66 per share while reaching an all-time high of $65.24 per share. The company’s price-to-earnings ratio is 7.68, and its beta value comes in at 1.28. The company currently has a market capitalization of $45.94 billion. The simple moving average of the stock price over the previous two hundred days is $36.89, while the simple moving average over the previous fifty days is $38.08. The quick ratio is 0.98, the current ratio is 1.03, and the debt-to-equity ratio is 0.76. All of these numbers are relative to the total amount of debt. All these figures should be interpreted in light of the overall sum owed.
Several brokerage reports have included DPSGY among their topics of discussion. In a research report distributed on September 20 by Goldman Sachs Group, the “buy” rating previously assigned to Deutsche Post was changed to a “neutral” rating. The company was the subject of the report. JPMorgan Chase & Co. increased their price objective on shares of Deutsche Post from €41.50 ($44.15) to €46.40 ($49.36) in a research note that was made public on Thursday, December 15. This made the target more aggressive. In addition, they gave the stock a rating of “neutral,” which means it is neither positive nor negative. AlphaValue assigned a “buy” recommendation to shares of Deutsche Post and recommended that investors purchase these shares in a research report published on Thursday, November 10. The report was made available to the public. The “buy” recommendation that Berenberg Bank has placed on shares of Deutsche Post has been reduced from €64.00 to €61.00 ($64.89), and the price objective that the bank has placed on those shares has also been reduced from €64.00 to €61.00. This information was made available on Tuesday, September 13, when a research note was published with the findings. The “buy” rating that Deutsche Bank Aktiengesellschaft had previously assigned to Deutsche Post was downgraded to a “hold” rating in a research report made public on Friday, December 16. This was the last and most substantial adjustment. There have been six recommendations made by stock research analysts for investors to buy the company, while there have been five recommendations for investors to hold on to. Bloomberg reports that the general opinion regarding the stock is that it is currently a “Moderate Buy” and that the stock’s price objective is currently $54.77.
Deutsche Post AG is a multinational company that operates in the postal and logistics service industries. It has operations in virtually every region of the globe, including Germany and the rest of Europe, the Americas, Asia Pacific, the Middle East, and Africa, among other places. Express, Global Forwarding, Freight, Supply Chain, eCommerce Solutions, and Post & Parcel Germany are the five business divisions that contribute to the overall operation of the corporation. Customers in the commercial and private sectors have access to the time-definite courier and express services offered by the Express business division. These services can be accessed by clicking here.
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