DSV (OTCMKTS:DSDVY) Sees Strong Trading Volume – What’s Next?

DSV (OTCMKTS:DSDVY) shares saw strong trading volume on Monday . Approximately 247,597 shares were traded during trading, an increase of 155% from the previous session’s volume of 97,071 shares.The stock last traded at $118.47 and had previously closed at $118.50.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research note on Friday, May 22nd. Zacks Research lowered DSV from a “hold” rating to a “strong sell” rating in a research report on Friday, June 19th. Finally, Citigroup reiterated a “buy” rating on shares of DSV in a report on Friday, May 1st. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

DSV Trading Up 0.5%

The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 0.48. The firm’s 50-day moving average price is $122.96 and its 200 day moving average price is $127.42. The company has a market capitalization of $57.29 billion, a P/E ratio of 37.82, a P/E/G ratio of 0.86 and a beta of 1.18.

DSV (OTCMKTS:DSDVY) last posted its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping 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 company had revenue of $11.03 billion for the quarter, compared to analyst estimates of $10.89 billion. As a group, equities research analysts predict that DSV will post 4.99 earnings per share 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.