DSV (OTCMKTS:DSDVY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of DSV (OTCMKTS:DSDVY) saw unusually-high trading volume on Tuesday . Approximately 397,334 shares were traded during mid-day trading, an increase of 437% from the previous session’s volume of 73,954 shares.The stock last traded at $121.41 and had previously closed at $122.60.

Analysts Set New Price Targets

DSDVY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a report on Friday, May 22nd. Citigroup reaffirmed a “buy” rating on shares of DSV in a report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

DSV Price Performance

The firm has a market capitalization of $58.66 billion, a PE ratio of 38.73, a price-to-earnings-growth ratio of 0.89 and a beta of 1.18. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.92 and a current ratio of 0.95. The business’s 50 day moving average is $124.56 and its two-hundred day moving average is $127.29.

DSV (OTCMKTS:DSDVY) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. DSV had a net margin of 2.55% and a return on equity of 9.45%. The business had revenue of $11.03 billion during the quarter, compared to analyst estimates of $10.89 billion. Equities research analysts anticipate that DSV will post 5.05 earnings per share for the current fiscal 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.