DSV (OTCMKTS:DSDVY) Sees Unusually-High Trading Volume – Time to Buy?
by Kim Johansen · The Markets DailyDSV (OTCMKTS:DSDVY – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 357,235 shares changed hands during mid-day trading, an increase of 452% from the previous session’s volume of 64,772 shares.The stock last traded at $118.8076 and had previously closed at $120.11.
Wall Street Analyst Weigh In
DSDVY has been the subject of a number of research analyst 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
DSV Stock Performance
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 company has a market cap of $56.78 billion, a PE ratio of 37.49, a PEG ratio of 0.87 and a beta of 1.18. The stock has a 50 day simple moving average of $124.36 and a two-hundred day simple moving average of $126.87.
DSV (OTCMKTS:DSDVY – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. The business had revenue of $11.03 billion for the quarter, compared to analyst estimates of $10.89 billion. DSV had a net margin of 2.55% and a return on equity of 9.45%. Equities analysts predict 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.