DSV (OTCMKTS:DSDVY) Sets New 1-Year High – What’s Next?

DSV (OTCMKTS:DSDVY) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $151.26 and last traded at $151.20, with a volume of 9792 shares. The stock had previously closed at $151.20.

Wall Street Analyst Weigh In

DSDVY has been the topic of several recent research reports. Citigroup reiterated a “neutral” rating on shares of DSV in a research report on Friday. Zacks Research upgraded DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Morgan Stanley restated an “overweight” rating on shares of DSV in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

DSV Price Performance

The stock has a 50 day simple moving average of $130.78 and a 200-day simple moving average of $116.59. The firm has a market cap of $72.37 billion, a PE ratio of 51.19, a price-to-earnings-growth ratio of 1.12 and a beta of 1.31. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53.

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.