Daimler Truck (OTCMKTS:DTRUY) Hits New 1-Year High – What’s Next?

Shares of Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $28.70 and last traded at $28.64, with a volume of 2633 shares trading hands. The stock had previously closed at $28.12.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DTRUY shares. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research report on Wednesday, July 1st. Barclays upgraded Daimler Truck from a “hold” rating to an “overweight” rating in a research report on Tuesday, July 7th. Zacks Research downgraded Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Finally, Kepler Capital Markets upgraded Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Daimler Truck presently has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on DTRUY

Daimler Truck Price Performance

The company has a fifty day simple moving average of $24.58 and a 200-day simple moving average of $24.62.

About Daimler Truck

(Get Free Report)

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.

Further Reading

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