DSV (OTCMKTS:DSDVY) Sets New 52-Week Low – Should You Sell?

DSV (OTCMKTS:DSDVY) shares hit a new 52-week low during trading on Monday . The stock traded as low as $92.19 and last traded at $92.19, with a volume of 25122 shares traded. The stock had previously closed at $97.84.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Zacks Research lowered shares of DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Finally, Citigroup reissued a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, DSV presently has a consensus rating of “Moderate Buy”.

DSV Stock Up 0.2%

The company has a market cap of $44.63 billion, a price-to-earnings ratio of 28.21, a P/E/G ratio of 0.74 and a beta of 1.19. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average price of $106.77 and a two-hundred day moving average price of $117.59.

About DSV

DSV A/S is a Denmark-based global transport and logistics company that provides supply chain services for businesses worldwide. Its offerings include road, air and sea freight, rail transportation, contract logistics, warehousing, customs clearance and related supply chain management services.

The company serves customers across a broad range of industries, including automotive, healthcare, technology, energy, retail and industrial manufacturing. DSV manages transportation and logistics activities across Europe, North America, Asia-Pacific, Latin America, the Middle East and Africa.

DSV was founded in Denmark in 1976 by a group of nine independent hauliers.