DSV (OTCMKTS:DSDVY) Sees Significant Decline in Short Interest

DSV (OTCMKTS:DSDVY) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 12,343 shares, a decline of 73.0% from the December 15th total of 45,675 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 86,208 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 86,208 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

DSDVY has been the topic of a number of recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a research report on Wednesday, January 7th. Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

DSV Stock Up 0.4%

Shares of OTCMKTS:DSDVY opened at $131.69 on Tuesday. DSV has a 1-year low of $77.78 and a 1-year high of $132.72. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.98 and a quick ratio of 0.95. The stock has a market cap of $63.33 billion, a P/E ratio of 44.79, a P/E/G ratio of 1.36 and a beta of 1.32. The firm has a fifty day moving average price of $119.30 and a 200 day moving average price of $113.96.

DSV (OTCMKTS:DSDVY) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. DSV had a net margin of 4.23% and a return on equity of 10.92%. The company had revenue of $11.19 billion for the quarter, compared to analyst estimates of $11.38 billion. Sell-side analysts predict that DSV will post 3.97 EPS for the current year.

About DSV

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.