Daimler Truck (OTCMKTS:DTRUY) Shares Gap Up – Here’s What Happened
by Sarita Garza · The Markets DailyDaimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $21.95, but opened at $23.2850. Daimler Truck shares last traded at $23.31, with a volume of 1,405 shares changing hands.
Analysts Set New Price Targets
Separately, Zacks Research lowered shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on DTRUY
Daimler Truck Stock Up 5.2%
The business has a fifty day moving average price of $21.21 and a two-hundred day moving average price of $22.16.
Daimler Truck Company Profile
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.