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

DSV (OTCMKTS:DSDVY) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,852 shares, a decrease of 81.0% from the May 14th total of 9,762 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 85,115 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Several analysts have recently commented on DSDVY shares. Citigroup restated a “buy” rating on shares of DSV in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a report on Friday, May 22nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

DSV Price Performance

Shares of DSV stock traded up $6.47 during trading on Thursday, reaching $124.20. 314,952 shares of the stock traded hands, compared to its average volume of 67,925. DSV has a 52-week low of $97.90 and a 52-week high of $151.98. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. The business has a fifty day simple moving average of $124.41 and a two-hundred day simple moving average of $126.95. The company has a market capitalization of $59.73 billion, a price-to-earnings ratio of 39.43, a P/E/G ratio of 0.85 and a beta of 1.18.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. The company had revenue of $11.03 billion during the quarter, compared to analyst estimates of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. Sell-side analysts expect that DSV will post 5.05 EPS for the current year.

DSV Company Profile

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.