Daimler Truck (OTCMKTS:DTRUY) Shares Up 0.3% – What’s Next?

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY)’s stock price shot up 0.3% on Friday . The stock traded as high as $22.00 and last traded at $21.96. 19,288 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 28,830 shares. The stock had previously closed at $21.89.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Daimler Truck from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Daimler Truck Stock Performance

The stock has a 50-day moving average of $21.02 and a 200 day moving average of $22.16.

About Daimler Truck

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.